Kingwood Forest Cove Area Youth Bas Eball Inc

Analysis

Kingwood Forest Cove Area Youth Bas Eball Inc is a registered charity in United States, based in Kingwood, TX. It received its IRS tax-exemption ruling in August 2026. 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 2022, Kingwood Forest Cove Area Youth Bas Eball Inc reported income of $343k and spending of $337k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $235k to $343k (+46%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kingwood Forest Cove Area Youth Bas Eball Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Team 402 ($343k), Biddeford Youth Hockey Association ($343k) and Miracle League of Delray Beach Inc ($343k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.