Cougar Feeder Basketball

Analysis

Cougar Feeder Basketball is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in August 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cougar Feeder Basketball reported income of $68k and spending of $77k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $68k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cougar Feeder 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 IL. Charities of a similar size with the same main cause include Whitefish Bay Jr Dukes Baseball Club Inc ($68k), South Dakota Walleye Classic Inc ($68k) and Manchester Kids League Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 28% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.