Venice Challenger Baseball Inc

Analysis

Venice Challenger Baseball Inc is a registered charity in United States, based in Nokomis, FL. It received its IRS tax-exemption ruling in September 2009, 17 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 2022, Venice Challenger Baseball Inc reported income of $72k and spending of $59k, spending 81% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $509k to $72k (-86%), an average of -48% a year. The sharpest change came in the year to December 2020, when income dropped by 61%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Venice Challenger Baseball Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include Walton Swim and Dive Booster Club ($72k), Carleton Ultimate Fund ($72k) and Washington Township Midget Football ($72k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 87% of the total. At year end it held assets of $1.1m against liabilities of $1, net assets of $1.1m.