Wellesley Youth Baseball & Softball Inc

Analysis

Wellesley Youth Baseball & Softball Inc is a registered charity in United States, based in Wellesley, MA. It received its IRS tax-exemption ruling in June 2001, 25 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, Wellesley Youth Baseball & Softball Inc reported income of $311k and spending of $476k, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $621k to $311k (-50%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. 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, Wellesley Youth Baseball & Softball Inc 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 64th percentile within MA. Charities of a similar size with the same main cause include Friends of Wabun ($311k), Arizona Sports and Entertainment Commission ($311k) and Michigan Thunder FC ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.7% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $42k (8.9% of expenses). At year end it held assets of $243k against liabilities of $81k, net assets of $162k.