Lake Zurich Baseball & Softball Assoc Inc

Analysis

Lake Zurich Baseball & Softball Assoc Inc is a registered charity in United States, based in Lake Zurich, IL. It received its IRS tax-exemption ruling in February 1999, 27 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 October 2023, Lake Zurich Baseball & Softball Assoc Inc reported income of $583k and spending of $585k, spending 100% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $363k to $583k (+61%), an average of +13% a year. The sharpest change came in the year to October 2021, when income rose by 57%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Zurich Baseball & Softball Assoc Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Colorado Dragon Boat Festival ($582k), Life Skills Fore the Youth of Colorado Springs ($583k) and National Club Swimming Association ($582k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 9.3% and program service revenue 89% of the total. Other salaries and wages came to $24k. At year end it held assets of $370k against liabilities of $186k, net assets of $184k. It reported 25 employees.