Okolona Baseball Inc

Analysis

Okolona Baseball Inc is a registered charity in United States, based in Shepherdsvlle, KY. It received its IRS tax-exemption ruling in September 2002, 24 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 September 2023, Okolona Baseball Inc reported income of $98k and spending of $143k, spending 146% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $153k to $98k (-36%), an average of -11% a year. The sharpest change came in the year to September 2020, when income dropped by 64%. Over the whole period it spent 173% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Okolona Baseball Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within KY. Charities of a similar size with the same main cause include Kaukauna Wrestling Club Inc ($98k), Majestice Baseball Club ($98k) and Crystal Lake Stinger Hockey Club ($98k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.6% and program service revenue 43% of the total. At year end it held assets of $266k against liabilities of $0, net assets of $266k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.