Santa Fe Independent Youth Basketball Program

Analysis

Santa Fe Independent Youth Basketball Program is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in October 2007, 19 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, Santa Fe Independent Youth Basketball Program reported income of $78k and spending of $78k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $114k to $78k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Santa Fe Independent Youth Basketball Program sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within NM. Charities of a similar size with the same main cause include Blue & Gold RTC Inc ($78k), Branham Hills Girls Softball ($78k) and Sparta Youth Hockey Association Incorporated ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.