Bears Tail Basketball

Analysis

Bears Tail Basketball is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in November 2017, 9 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, Bears Tail Basketball reported income of $1.6m and spending of $643k, leaving 61% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $447k to $1.6m (+266%), an average of +91% a year. The sharpest change came in the year to December 2023, when income rose by 486%. Over the whole period it spent 52% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bears Tail Basketball sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within ND. Charities of a similar size with the same main cause include Audubon Recreation Foundation ($1.6m), Greater Louisville Sports Commission ($1.6m) and Beach Cities Volleyball Club ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $66k (10% of expenses). Other salaries and wages came to $63k. At year end it held assets of $1.2m against liabilities of $4,066, net assets of $1.2m. It reported 16 employees.