Beverly Hills Basketball League

Analysis

Beverly Hills Basketball League is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in July 2015, 11 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 June 2023, Beverly Hills Basketball League reported income of $576k and spending of $329k, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $333k to $576k (+73%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 269%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Beverly Hills Basketball League sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Friends of the Kern County Fair ($575k), Creative Works Farm Inc ($576k) and Union Soccer Inc ($575k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $462k against liabilities of $0, net assets of $462k.