Foster City Tournament Baseball Inc

Analysis

Foster City Tournament Baseball Inc is a registered charity in United States, based in Foster City, CA. It received its IRS tax-exemption ruling in December 2008, 18 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, Foster City Tournament Baseball Inc reported income of $77k and spending of $122k, spending 160% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $77k (-14%), an average of -14% a year. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Foster City Tournament Baseball Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Wellesley Youth Football Inc ($77k), Fondy Swim Club Inc ($77k) and Warren Aquatics Club Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.