Lincoln-Way Basketball Association

Analysis

Lincoln-Way Basketball Association is a registered charity in United States, based in New Lenox, IL. It received its IRS tax-exemption ruling in February 2020, 6 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 March 2024, Lincoln-Way Basketball Association reported income of $86k and spending of $69k, spending 81% of its income. Across the 4 years on record, from March 2021 to March 2024, income grew from $13k to $86k (+536%), an average of +85% a year. The sharpest change came in the year to March 2022, when income rose by 230%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lincoln-Way Basketball Association sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Dublin Soccer League Charity Cup Inc ($86k), Cambridge-Isanti Competitive Baseball ($86k) and Team Chance Basketball ($86k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.