Westwood Basketball Association Inc

Analysis

Westwood Basketball Association Inc is a registered charity in United States, based in Westwood, MA. It received its IRS tax-exemption ruling in April 2010, 16 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 June 2024, Westwood Basketball Association Inc reported income of $200k and spending of $156k, leaving 22% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $134k to $200k (+49%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 39%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Westwood Basketball Association Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Ponchatoula Youth Baseball and Softball ($200k), Eden Prairie Volleyball Association ($200k) and Hazlet United Soccer Association Inc ($200k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $110k against liabilities of $1,000, net assets of $109k.