Greensboro Lady Gaters Basketball Association Inc

Analysis

Greensboro Lady Gaters Basketball Association Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in February 2013, 13 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 July 2024, Greensboro Lady Gaters Basketball Association Inc reported income of $61k and spending of $87k, spending 142% of what it took in. Across the 4 years on record, from July 2021 to July 2024, income grew from $36k to $61k (+71%), an average of +20% a year. The sharpest change came in the year to July 2022, when income rose by 91%. Over the whole period it spent 118% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greensboro Lady Gaters Basketball Association Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within NC. Charities of a similar size with the same main cause include Haese Academy Incorporated ($61k), Sports Club of Richmond ($61k) and Little League Baseball Inc ($61k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1,615. At year end it held assets of $5,166 against liabilities of $0, net assets of $5,166.