Port City Basketball Elite

Analysis

Port City Basketball Elite is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Port City Basketball Elite reported income of $123k and spending of $122k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $123k (+6.3%), an average of +6.3% a year. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Port City Basketball Elite sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Acadian Youth Sports ($122k), Ball Headz Inc ($123k) and Focus Foundation-For Our Childrens Ultimate Success ($122k).

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 $2,080 against liabilities of $0, net assets of $2,080.