Putnam Youth Basketball League Inc

Analysis

Putnam Youth Basketball League Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 1998, 28 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 August 2024, Putnam Youth Basketball League Inc reported income of $85k and spending of $74k, spending 88% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $62k to $85k (+37%), an average of +37% a year. The sharpest change came in the year to August 2024, when income rose by 37%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Putnam Youth Basketball League Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within OR. Charities of a similar size with the same main cause include Sports Committee Inc ($85k), Elko Swim Team ($85k) and Missouri Sports Betterment ($85k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 0.3% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.