First Base Foundation

Analysis

First Base Foundation is a registered charity in United States, based in Mill Valley, CA. It received its IRS tax-exemption ruling in February 2005, 21 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, First Base Foundation reported income of $171k and spending of $194k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $172k to $171k (-0.3%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, First Base Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Manta Ray Aquatics Inc ($171k), Rootstown Sports Boosters Inc ($171k) and Thr3j Corp ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.