Knights Travel Basketball

Analysis

Knights Travel Basketball is a registered charity in United States, based in Elmhurst, IL. It received its IRS tax-exemption ruling in May 2021, 5 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, Knights Travel Basketball reported income of $144k and spending of $162k, spending 112% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $174k to $144k (-17%), an average of -6.0% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Knights Travel Basketball sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Little Eagle Wrestling Club Inc ($144k), Churchville Lightning Girls Softball Inc ($144k) and Njyhl a New Jersey Nonprofit Corporation ($144k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $134k against liabilities of $0, net assets of $134k.