Bennington Basketball Association

Analysis

Bennington Basketball Association is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in October 2019, 7 years ago. 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, Bennington Basketball Association reported income of $367k and spending of $327k, spending 89% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $230k to $367k (+60%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bennington Basketball Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within NE. Charities of a similar size with the same main cause include State YMCA of Pennsylvania ($367k), International Order of the Rainbow Girls ($367k) and Womens Educational Center ($367k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $20k (6.1% of expenses). Other salaries and wages came to $79k. At year end it held assets of $232k against liabilities of $1,914, net assets of $230k. It reported 12 employees.