Alley-Oop Youth Basketball Inc

Analysis

Alley-Oop Youth Basketball Inc is a registered charity in United States, based in Seal Beach, CA. It received its IRS tax-exemption ruling in July 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, Alley-Oop Youth Basketball Inc reported income of $320k and spending of $341k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $237k to $320k (+35%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Alley-Oop Youth Basketball Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Western Hills Little League Inc ($320k), Helena Babe Ruth Baseball Assn Inc ($320k) and Kino Baseball League ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. At year end it held assets of $17k against liabilities of $65k, net assets of -$48k.