Wymt-Tv Mountain Basketball Classic

Analysis

Wymt-Tv Mountain Basketball Classic is a registered charity in United States, based in Hazard, KY. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Wymt-Tv Mountain Basketball Classic reported income of $78k and spending of $79k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $26k to $78k (+196%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 747%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wymt-Tv Mountain Basketball Classic sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within KY. Charities of a similar size with the same main cause include Friennds of Northport Inc ($78k), Delaware Chester Community School or DCCS ($78k) and Hope Education ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 112% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.