Agoura Basketball Foundation

Analysis

Agoura Basketball Foundation is a registered charity in United States, based in Agoura Hills, CA. It received its IRS tax-exemption ruling in April 2018, 8 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, Agoura Basketball Foundation reported income of $71k and spending of $67k, spending 94% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $89k to $71k (-20%), an average of -11% a year. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Agoura Basketball Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Freeport Area Youth Baseball Inc ($71k), Waterloo Youth Sports Organization ($71k) and Cape Cod Senior Softball League ($71k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.