Chelsea Baseball Club Inc

Analysis

Chelsea Baseball Club Inc is a registered charity in United States, based in Chelsea, AL. It received its IRS tax-exemption ruling in December 2014, 12 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, Chelsea Baseball Club Inc reported income of $69k and spending of $51k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $160k to $69k (-57%), an average of -57% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chelsea Baseball Club Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within AL. Charities of a similar size with the same main cause include Central Raiders Trap Team ($69k), Fondy Junior Football League Inc ($69k) and Real Sports ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.