Rochester Community Youth Basketball Association Inc

Analysis

Rochester Community Youth Basketball Association Inc is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in September 1979, 47 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 May 2023, Rochester Community Youth Basketball Association Inc reported income of $255k and spending of $232k, spending 91% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $264k to $255k (-3.3%), an average of -0.8% a year. The sharpest change came in the year to May 2022, when income rose by 54%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rochester Community Youth Basketball Association Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include JC Inspires Foundation Inc ($255k), House of Heroes ($255k) and Jesus Acts in Inmates Lives Ministry Inc ($255k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 24% and program service revenue 74% of the total. At year end it held assets of $268k against liabilities of $0, net assets of $268k.