Canfield Boys Baseball Club Inc

Analysis

Canfield Boys Baseball Club Inc is a registered charity in United States, based in Canfield, OH. It received its IRS tax-exemption ruling in January 1978, 48 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, Canfield Boys Baseball Club Inc reported income of $268k and spending of $289k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $237k to $268k (+13%), an average of +6.3% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Canfield Boys Baseball Club Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include West Valley Red Hawks ($268k), Northern Kentucky Youth Hockey Association Inc ($268k) and South Whidbey Commons ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Other salaries and wages came to $32k. At year end it held assets of $319k against liabilities of $0, net assets of $319k.

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.