Finesse Fastpitch Softball

Analysis

Finesse Fastpitch Softball is a registered charity in United States, based in Commerce TWP, MI. It received its IRS tax-exemption ruling in July 2021, 5 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 July 2023, Finesse Fastpitch Softball reported income of $1.3m and spending of $1.2m, spending 99% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $56k to $1.3m (+2126%), an average of +2126% a year. The sharpest change came in the year to July 2023, when income rose by 2126%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Finesse Fastpitch Softball sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Cambridge Camping Association Inc ($1.3m), Childrens Athletic Network and Dance Opportunities Inc ($1.3m) and Great Lakes Intercollegiate Athletic Conference ($1.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 5.7% and program service revenue 94% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.