New Canaan Baseball Softball Inc

Analysis

New Canaan Baseball Softball Inc is a registered charity in United States, based in New Canaan, CT. It received its IRS tax-exemption ruling in March 1974, 52 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 (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, New Canaan Baseball Softball Inc reported income of $819k and spending of $438k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $529k to $819k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Canaan Baseball Softball Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CT. Charities of a similar size with the same main cause include Amateur Athletic Union of the United States Inc ($818k), Sudbury Youth Soccer Assoc ($819k) and Mt Juliet League Inc ($818k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. At year end it held assets of $815k against liabilities of $7,000, net assets of $808k.