Lake Region Basketball Officials Association

Analysis

Lake Region Basketball Officials Association is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in March 1999, 27 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending August 2023, Lake Region Basketball Officials Association reported income of $283k and spending of $282k, spending 100% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $227k to $283k (+25%), an average of +7.6% a year. The sharpest change came in the year to August 2022, when income rose by 37%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Region Basketball Officials Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Bonnie Boys Club Inc ($283k), East Cooper Christian Preschool LLC ($283k) and Au Co Vietnamese Cultural Center ($283k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $4,500. At year end it held assets of $10k against liabilities of $0, net assets of $10k.