Five Cities Youth Basketball League

Analysis

Five Cities Youth Basketball League is a registered charity in United States, based in Arroyo Grande, CA. It received its IRS tax-exemption ruling in July 1994, 32 years ago. 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 May 2024, Five Cities Youth Basketball League reported income of $115k and spending of $100k, spending 87% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $108k to $115k (+6.1%), an average of +6.1% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Five Cities Youth Basketball League sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include HRCD Corporation ($115k), Solstice Project Inc ($115k) and Hayden & Crue Project ($115k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 2.4% and program service revenue 93% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.