Iowa Blitz Fastpitch Inc
Analysis
Iowa Blitz Fastpitch Inc is a registered charity in United States, based in Boone, IA. It received its IRS tax-exemption ruling in May 2012, 14 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, Iowa Blitz Fastpitch Inc reported income of $330k and spending of $332k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $417k to $330k (-21%), an average of -5.7% a year. Over the whole period it spent 101% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Iowa Blitz Fastpitch Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within IA. Charities of a similar size with the same main cause include Forest Athletic Club Newcorp Inc ($330k), Real Billings FC ($330k) and Verona Area Soccer Club Inc ($329k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $52k (16% of expenses). At year end it held assets of $18k against liabilities of $6,527, net assets of $12k.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Program services 9.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Forest Athletic Club Newcorp Inc | Mount Calvary | $330k |
| Real Billings FC | Billings | $330k |
| Verona Area Soccer Club Inc | Verona | $329k |
| Adhl Hockey | Chandler | $330k |