Baseball Association of Wolcott Inc

Analysis

Baseball Association of Wolcott Inc is a registered charity in United States, based in Wolcott, CT. It received its IRS tax-exemption ruling in March 1987, 39 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, Baseball Association of Wolcott Inc reported income of $102k and spending of $121k, spending 119% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $60k to $102k (+70%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Baseball Association of Wolcott Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within CT. Charities of a similar size with the same main cause include North Roanoke Recreation Club ($102k), Tufflove Fitness Inc ($102k) and North Clackamas Volleyball Club ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 58% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.