Sauk Rapids Rice Youth Basketball Organization

Analysis

Sauk Rapids Rice Youth Basketball Organization is a registered charity in United States, based in Sauk Rapids, MN. It received its IRS tax-exemption ruling in January 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 December 2023, Sauk Rapids Rice Youth Basketball Organization reported income of $68k and spending of $54k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $68k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sauk Rapids Rice Youth Basketball Organization sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within MN. Charities of a similar size with the same main cause include Developing Communties Incorporated ($68k), K&k Cheer Empire Booster ($68k) and Chatham Athletic Booster Club ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.