Sherwood Basketball Organization

Analysis

Sherwood Basketball Organization is a registered charity in United States, based in Sherwood, OR. It received its IRS tax-exemption ruling in July 2001, 25 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 April 2023, Sherwood Basketball Organization reported income of $173k and spending of $196k, spending 113% of what it took in. Across the 2 years on record, from April 2022 to April 2023, income grew from $132k to $173k (+32%), an average of +32% a year. The sharpest change came in the year to April 2023, when income rose by 32%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sherwood Basketball Organization sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within OR. Charities of a similar size with the same main cause include Friends of Baraboo Parks ($173k), South Huntington Beach Girls ($173k) and Kalamazoo Community Soccer Association Inc ($173k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 5.5% and program service revenue 111% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.