Gladwin Little League

Analysis

Gladwin Little League is a registered charity in United States, based in Gladwin, MI. It received its IRS tax-exemption ruling in June 1987, 39 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 September 2023, Gladwin Little League reported income of $51k and spending of $46k, spending 91% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $44k to $51k (+16%), an average of +16% a year. The sharpest change came in the year to September 2023, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gladwin Little League sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within MI. Charities of a similar size with the same main cause include PTA North Carolina Congress ($51k), American Inns of Court Foundation ($51k) and Palo Pinto Area Foundation Inc ($51k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 1.7% and program service revenue 25% of the total. At year end it held assets of $38k against liabilities of $3,235, net assets of $35k.