# Classic Basketball Inc

Basketball nonprofit in Fort Myers, Florida 33907. EIN 65-0243879. Data as of November 8, 2026.

Page: https://backpr.com/find/nonprofit/650243879-classic-basketball-inc

## Mission (the organization's own words)

> Organize, operate and promote the city of palms classic boy's high school basketball tournament

Source: Form 990, year ending Mar 2025: https://projects.propublica.org/nonprofits/organizations/650243879/202630459349300228/full

## IRS facts

- Type: Basketball (IRS activity code N62Z)
- Tax status: 501(c)(3), contributions deductible, recognized 1991
- Source: IRS Business Master File, posted October 13, 2026: https://www.irs.gov/charities-non-profits/exempt-organizations-business-master-file-extract-eo-bmf

## Finances (IRS Form 990 e-file data)

| Year ending | Revenue | Expenses | Assets | Net assets | Employees | Volunteers | Source |
|---|---|---|---|---|---|---|---|
| Mar 2025 | $534,491 | $581,679 | $302,824 | $302,824 | 0 | 0 | [Form 990](https://projects.propublica.org/nonprofits/organizations/650243879/202630459349300228/full) |
| Mar 2023 | $523,163 | $506,983 | $205,613 | $205,613 | 0 | 0 | [Form 990](https://projects.propublica.org/nonprofits/organizations/650243879/202440479349301384/full) |
| Mar 2021 | $16,898 | $105,133 | $214,040 | $214,040 | 0 | 0 | [Form 990](https://projects.propublica.org/nonprofits/organizations/650243879/202210749349302076/full) |
| Mar 2020 | $16,250 | $105,133 | $239,643 | $239,643 | 0 | 0 | [Form 990](https://projects.propublica.org/nonprofits/organizations/650243879/202230469349300728/full) |

Expense split, year ending Mar 2025: programs $415,168 (71%), management $166,511 (29%), fundraising $0 (0%).

Revenue sources, year ending Mar 2025: gifts and grants $22,000, program fees $502,680, investment income $9,811.

Growth label: **Growing** (about +101% a year, Mar 2020 to Mar 2025). Growth label: we compare total revenue on the oldest and the newest return shown above. Growing means revenue rose by more than 10% a year on average, Shrinking means it fell by more than 10% a year, and Steady means a change between -10% and +10% a year. The rate is the compounded yearly average between the two returns, so it hides ups and downs in between (see the table). We only label groups with returns at least a year apart and at least $5,000 of revenue on the oldest one. This is our own calculation, not an IRS rating or a judgment of quality.

## How it compares

- Revenue rank: 1 of 38 amateur sports nonprofits in Fort Myers.
- Revenue $534,491 is higher than roughly 80 to 90% of 866 amateur sports nonprofits in Florida; median $131,660.
- Source: IRS Business Master File, posted October 13, 2026; BackPR analysis.

## Local context

- Lee County, Florida: about 147,533 children under 18 (U.S. Census Bureau, July 1, 2024): https://www2.census.gov/programs-surveys/popest/datasets/2020-2024/counties/asrh/cc-est2024-agesex-all.csv
- 222 youth and community nonprofits in this directory in the county: 1.5 per 1,000 children.
- Licensed programs in Fort Myers: 75 licensed child care centers, 1 school-age programs: https://backpr.com/find/florida/fort-myers
- Florida rules: https://backpr.com/resources/states/florida

## Questions

**What is Classic Basketball Inc's EIN?**

Classic Basketball Inc's EIN (Employer Identification Number) is 65-0243879. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

**Is Classic Basketball Inc a nonprofit?**

Yes. The IRS lists Classic Basketball Inc in Fort Myers, Florida as tax-exempt under section 501(c)(3), recognized since 1991. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

**Are donations to Classic Basketball Inc tax-deductible?**

Yes, the IRS lists gifts to Classic Basketball Inc as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

**What does Classic Basketball Inc do?**

In its own words on its Form 990 for the year ending Mar 2025: "Organize, operate and promote the city of palms classic boy's high school basketball tournament" The IRS classifies it as: Basketball.

**How much money does Classic Basketball Inc take in?**

For the year ending Mar 2025, Classic Basketball Inc reported total revenue of $534,491 and total expenses of $581,679 on its Form 990 (IRS Form 990 e-file data).

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Data as of November 8, 2026. Sources: IRS Business Master File, IRS Form 990 series e-file data, U.S. Census Bureau. No officer or staff names are published.