Summit New Jersey Junior Baseball League Inc

Analysis

Summit New Jersey Junior Baseball League Inc is a registered charity in United States, based in Summit, NJ. It received its IRS tax-exemption ruling in March 1972, 54 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, Summit New Jersey Junior Baseball League Inc reported income of $417k and spending of $388k, spending 93% of its income. Across the 6 years on record, from August 2019 to December 2023, income grew from $365k to $417k (+14%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 811%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Summit New Jersey Junior Baseball League Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Big Cat Basketball League ($417k), East Grand Rapids Area Hockey Association ($417k) and Sloane Stephens Foundation Inc ($417k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.9% and program service revenue 88% of the total. At year end it held assets of $385k against liabilities of $40k, net assets of $345k.