Burke Basketball Association

Analysis

Burke Basketball Association is a registered charity in United States, based in Burke, VA. It received its IRS tax-exemption ruling in January 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Burke Basketball Association reported income of $353k and spending of $318k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $316k to $353k (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2022, when income rose by 208%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Burke Basketball Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include White Pine Wilderness Land Trust Inc ($353k), Petoskey Youth Soccer Association ($353k) and Ne Baseball Inc ($353k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.6% and program service revenue 92% of the total. At year end it held assets of $115k against liabilities of $46k, net assets of $69k.