Farming Baseball Club Inc

Analysis

Farming Baseball Club Inc is a registered charity in United States, based in Richmond, MN. It received its IRS tax-exemption ruling in May 2003, 23 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, Farming Baseball Club Inc reported income of $95k and spending of $63k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $95k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 183%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Farming Baseball Club Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within MN. Charities of a similar size with the same main cause include Wisconsin Track Coaches Association ($95k), Oak Harbor Football and Cheer League ($95k) and Stoutsville Camp Meeting Association ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 6.2% of the total. At year end it held assets of $189k against liabilities of $9,680, net assets of $179k. It reported 2 employees.