Yarmouth Dennis Red Sox Inc

Analysis

Yarmouth Dennis Red Sox Inc is a registered charity in United States, based in S Yarmouth, MA. It received its IRS tax-exemption ruling in March 2002, 24 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 December 2023, Yarmouth Dennis Red Sox Inc reported income of $334k and spending of $229k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $171k to $334k (+95%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 4832%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Yarmouth Dennis Red Sox Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Santa Monica Vikings Youth Lacrosse ($333k), Oregon Adult Soccer Association ($334k) and Humboldt County Agricultural Society ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 12% of the total. Other salaries and wages came to $40k. At year end it held assets of $654k against liabilities of $5,318, net assets of $649k. It reported 8 employees.