Crown Grass Roots Basketball

Analysis

Crown Grass Roots Basketball is a registered charity in United States, based in Skaneateles, NY. It received its IRS tax-exemption ruling in January 2022, 4 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, Crown Grass Roots Basketball reported income of $68k and spending of $56k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $72k to $68k (-4.8%), an average of -4.8% a year. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Crown Grass Roots Basketball 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 28th percentile within NY. Charities of a similar size with the same main cause include LA Jolla Lacrosse Club ($68k), Cape Cod Chaos Inc ($68k) and South Dakota Walleye Classic Inc ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.