Spencer Little League Assn

Analysis

Spencer Little League Assn is a registered charity in United States, based in Spencer, IA. It received its IRS tax-exemption ruling in June 1961, 65 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 October 2023, Spencer Little League Assn reported income of $90k and spending of $97k, spending 107% of what it took in. Across the 2 years on record, from October 2022 to October 2023, income grew from $71k to $90k (+27%), an average of +26% a year. The sharpest change came in the year to October 2023, when income rose by 27%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spencer Little League Assn sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within IA. Charities of a similar size with the same main cause include Congregation of Vietnamese Buddhist in Arizona ($90k), American Institute of Graphic Arts ($90k) and PTA Florida Congress ($90k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 16% and program service revenue 58% of the total. At year end it held assets of $156k against liabilities of $0, net assets of $156k.