Mustang Youth Basketball Program Inc

Analysis

Mustang Youth Basketball Program Inc is a registered charity in United States, based in Omaha, NE. 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 December 2023, Mustang Youth Basketball Program Inc reported income of $164k and spending of $172k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $146k to $164k (+12%), an average of +5.8% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mustang Youth Basketball Program Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NE. Charities of a similar size with the same main cause include Hawaii Baseball Association ($164k), Mission Viejo High School Footballboosters ($164k) and Cattaraugus County Federation of Snowmobile Clubs Inc ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.