Magnolia Baseball Association

Analysis

Magnolia Baseball Association is a registered charity in United States, based in Magnolia, TX. It received its IRS tax-exemption ruling in August 2024, 2 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, Magnolia Baseball Association reported income of $542k and spending of $461k, spending 85% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $279k to $542k (+94%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 117%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Magnolia Baseball Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Shotokan Karate of America Inc ($542k), Frontier Conference ($542k) and Charlotte County Fair Association Inc ($542k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $150k against liabilities of $0, net assets of $150k.