Minnetonka Girls Basketball Association

Analysis

Minnetonka Girls Basketball Association is a registered charity in United States, based in Excelsior, MN. It received its IRS tax-exemption ruling in August 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Minnetonka Girls Basketball Association reported income of $147k and spending of $140k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $156k to $147k (-5.7%), an average of -5.7% a year. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Minnetonka Girls Basketball 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 47th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Boise Developmental Cycling Club ($147k), Muhlenberg Township Athletic Association ($147k) and Spencerport Junior Baseball Inc ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.