South Lexington Babe Ruth Inc

Analysis

South Lexington Babe Ruth Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in March 1986, 40 years ago. 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 October 2023, South Lexington Babe Ruth Inc reported income of $62k and spending of $67k, spending 108% of what it took in. Across the 2 years on record, from October 2022 to October 2023, income fell from $77k to $62k (-20%), an average of -20% a year. The sharpest change came in the year to October 2023, when income dropped by 20%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Lexington Babe Ruth Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within KY. Charities of a similar size with the same main cause include Friends of Benicia Public Library ($62k), PTA Iowa Congress ($62k) and PTA Florida Congress ($62k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 0.9% and program service revenue 3.5% of the total. At year end it held assets of $72k against liabilities of $3,101, net assets of $69k.