Rapids Baseball Incorporated

Analysis

Rapids Baseball Incorporated is a registered charity in United States, based in N Chesterfld, VA. It received its IRS tax-exemption ruling in August 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 October 2023, Rapids Baseball Incorporated reported income of $93k and spending of $58k, leaving 37% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $62k to $93k (+50%), an average of +11% a year. The sharpest change came in the year to October 2021, when income rose by 81%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rapids Baseball Incorporated sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within VA. Charities of a similar size with the same main cause include Little League Baseball Inc ($92k), Clackamas Cavaliers Touchdown Club ($93k) and Chaska Touchdown Club ($92k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 21% and program service revenue 51% of the total. At year end it held assets of $524k against liabilities of $43k, net assets of $480k.