Valley Basketball Association

Analysis

Valley Basketball Association is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in January 1966, 60 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 August 2024, Valley Basketball Association reported income of $233k and spending of $250k, spending 107% of what it took in. Across the 3 years on record, from August 2022 to August 2024, income grew from $231k to $233k (+1.0%), an average of +0.5% a year. The sharpest change came in the year to August 2023, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Valley Basketball Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Tidewater Advanced Soccer League Inc ($233k), Fore the Ladies Inc ($233k) and Girls Softball League of Westfield Inc ($233k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $102k. At year end it held assets of $84k against liabilities of $0, net assets of $84k. It reported 10 employees.