Luverne Baseball Association

Analysis

Luverne Baseball Association is a registered charity in United States, based in Luverne, MN. It received its IRS tax-exemption ruling in October 1997, 29 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Luverne Baseball Association reported income of $59k and spending of $75k, spending 128% of what it took in. Across the 3 years on record, from March 2022 to March 2024, income fell from $63k to $59k (-7.4%), an average of -3.8% a year. The sharpest change came in the year to March 2024, when income dropped by 22%. 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, Luverne Baseball Association sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within MN. Charities of a similar size with the same main cause include Trojan Swim Club ($59k), Camp Exsighting Adventures ($59k) and Seagulls Football Parents Club Inc ($59k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 3.4% and program service revenue 97% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.