Freehold Township Little League Inc

Analysis

Freehold Township Little League Inc is a registered charity in United States, based in Freehold, NJ. It received its IRS tax-exemption ruling in February 1975, 51 years ago. 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, Freehold Township Little League Inc reported income of $198k and spending of $226k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $151k to $198k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Freehold Township Little League Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include Homer Hoyt Institute ($198k), Bethel Youth Soccer Association ($198k) and India Association of Minnesota Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $349k against liabilities of $0, net assets of $349k.