Hurricanes Baseball

Analysis

Hurricanes Baseball is a registered charity in United States, based in Fredericksburg, VA. It received its IRS tax-exemption ruling in May 2008, 18 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 December 2023, Hurricanes Baseball reported income of $307k and spending of $216k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $307k (-85%), an average of -38% a year. The sharpest change came in the year to December 2022, when income dropped by 86%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hurricanes Baseball sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Umpqua Valley Cal Ripken ($307k), Flame Fastpitch Club ($307k) and Bedford-Katonah Hockey Association Inc ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $533k against liabilities of $37k, net assets of $496k.