Canes Baseball Corporation

Analysis

Canes Baseball Corporation is a registered charity in United States, based in Miamisburg, OH. It received its IRS tax-exemption ruling in May 2006, 20 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, Canes Baseball Corporation reported income of $264k and spending of $332k, spending 126% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $227k to $264k (+16%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Canes Baseball Corporation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Penn State Wrestling Club ($264k), Long Beach Heartwell Fastpitch ($264k) and Austin Athletic Fellowship ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.