Pony Boys Basketball

Analysis

Pony Boys Basketball is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in December 2015, 11 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 December 2023, Pony Boys Basketball reported income of $125k and spending of $112k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $97k to $125k (+30%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pony Boys Basketball sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include Vineland Pigtail League Corp ($125k), Team Colorado Whitewater Racing Club ($125k) and Sbybc Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $80k against liabilities of $2,140, net assets of $78k.