Laredo Pony Baseball and Softball League

Analysis

Laredo Pony Baseball and Softball League is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in August 2015, 11 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, Laredo Pony Baseball and Softball League reported income of $209k and spending of $213k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $156k to $209k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 276%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Laredo Pony Baseball and Softball League sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Southern Arizona Eventing Association ($209k), Norcross Dixie Youth Inc ($209k) and Basketball Coaches Association of Michigan Inc ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $1,209 against liabilities of $27k, net assets of -$26k.