Torrance Girls Softball League Inc
Analysis
Torrance Girls Softball League Inc is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in December 2004, 22 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 August 2024, Torrance Girls Softball League Inc reported income of $249k and spending of $249k, spending 100% of its income. Across the 3 years on record, from August 2022 to August 2024, income grew from $223k to $249k (+12%), an average of +5.8% a year. The sharpest change came in the year to August 2023, when income rose by 22%. Over the whole period it spent 103% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Torrance Girls Softball League Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Cedar Hills Golf Inc ($249k), Oxford Gun Club Inc ($249k) and Texas Fencing Academy Inc ($249k).
On its Form 990 for the period ending August 2024, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. At year end it held assets of $138k against liabilities of $0, net assets of $138k.
Income and spending
Where the income comes from
- Contributions & grants 0.2%
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cedar Hills Golf Inc | Washington | $249k |
| Oxford Gun Club Inc | Oxford | $249k |
| Texas Fencing Academy Inc | Austin | $249k |
| Greenville Lions Project Vision Inc | Greenville | $249k |