Thibodaux Biddy Basketball Association Inc

Analysis

Thibodaux Biddy Basketball Association Inc is a registered charity in United States, based in Thibodaux, LA. It received its IRS tax-exemption ruling in February 1991, 35 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 2023, Thibodaux Biddy Basketball Association Inc reported income of $60k and spending of $63k, spending 104% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $58k to $60k (+4.1%), an average of +4.1% a year. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Thibodaux Biddy Basketball Association Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within LA. Charities of a similar size with the same main cause include Rodeo Boosters Club ($60k), PSN Flag Football Inc ($60k) and Lake Gaston Soccer Association ($60k).

On its Form 990-EZ for the period ending July 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.