Chesterfield Basketball League Inc

Analysis

Chesterfield Basketball League Inc is a registered charity in United States, based in Deltaville, VA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Chesterfield Basketball League Inc reported income of $195k and spending of $181k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $154k to $195k (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2022, when income rose by 1899829%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chesterfield Basketball League Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within VA. Charities of a similar size with the same main cause include West York Boys Club Incorporated ($195k), Chelsea Soccer Club ($195k) and Little League Baseball Inc ($195k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.