Northshore Youth Basketball Association

Analysis

Northshore Youth Basketball Association is a registered charity in United States, based in Woodinville, WA. It received its IRS tax-exemption ruling in March 1994, 32 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 April 2024, Northshore Youth Basketball Association reported income of $179k and spending of $276k, spending 154% of what it took in. Across the 3 years on record, from April 2020 to April 2024, income fell from $220k to $179k (-18%), an average of -9.7% a year. The sharpest change came in the year to April 2023, when income dropped by 21%. Over the whole period it spent 127% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northshore Youth Basketball Association sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within WA. Charities of a similar size with the same main cause include Mobile Meals ($179k), Plast Foundation Inc ($179k) and Houston Irvington Spanish Church of the Nazarene ($179k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.