Buzz Lightning Baseball Academy Inc

Analysis

Buzz Lightning Baseball Academy Inc is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in March 2015, 11 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, Buzz Lightning Baseball Academy Inc reported income of $219k and spending of $209k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $322k to $219k (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Buzz Lightning Baseball Academy Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Fifty Vanderbilt Foundation Inc ($218k), Waverly Softball Association Inc ($219k) and Marion Park & Recreation Foundation Inc ($218k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $39k (19% of expenses). Other salaries and wages came to $57k. At year end it held assets of $23k against liabilities of $0, net assets of $23k. It reported 13 employees.