Manhattan Beach Youth Basketball Inc

Analysis

Manhattan Beach Youth Basketball Inc is a registered charity in United States, based in Manhattan Beach, CA. It received its IRS tax-exemption ruling in August 2023, 3 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, Manhattan Beach Youth Basketball Inc reported income of $427k and spending of $296k, leaving 31% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income grew from $215k to $427k (+99%), an average of +99% a year. The sharpest change came in the year to August 2024, when income rose by 99%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Manhattan Beach Youth Basketball Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Project Golf ($427k), Festiv-All Charleston West Virginia Inc ($428k) and North Texas State Soccer Association Inc ($427k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $196k against liabilities of $0, net assets of $196k.