Major League Baseball Charities Inc

Analysis

Major League Baseball Charities Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1986, 40 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Major League Baseball Charities Inc reported income of $11.9m and spending of $9.0m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.4m to $11.9m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Major League Baseball Charities Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Ashland County Community Foundation ($11.8m), Northwest Connecticut Community Foundation Inc ($11.9m) and Christian Community Health Center ($11.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7.1m against liabilities of $1.6m, net assets of $5.5m.