LA Warriors Youth Basketball

Analysis

LA Warriors Youth Basketball is a registered charity in United States, based in Chatsworth, CA. It received its IRS tax-exemption ruling in February 2019, 7 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, LA Warriors Youth Basketball reported income of $112k and spending of $111k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $112k (+101%), an average of +101% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, LA Warriors Youth Basketball sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Discovery Bay River Otters Booster Club ($112k), Charlottesville Swans Synchronized Swimming Inc ($112k) and Leavenworth City Soccer Association ($112k).

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 $37k against liabilities of $37k, net assets of $126.