Newport Girls Basketball Assoc

Analysis

Newport Girls Basketball Assoc is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in November 1996, 30 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 June 2024, Newport Girls Basketball Assoc reported income of $56k and spending of $37k, leaving 34% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $33k to $56k (+70%), an average of +70% a year. The sharpest change came in the year to June 2024, when income rose by 70%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Newport Girls Basketball Assoc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 16th percentile within WA. Charities of a similar size with the same main cause include Sturbridge Girls Softball League Inc ($56k), Avon Grove Lacrosse Inc ($56k) and Evergreen High School Poms Fundraising Booster Club ($56k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.8% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.