Olean Oilers Baseball Inc

Analysis

Olean Oilers Baseball Inc is a registered charity in United States, based in Olean, NY. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Olean Oilers Baseball Inc reported income of $123k and spending of $124k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $123k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Olean Oilers Baseball Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Big Sandbox LLC ($123k), Central Florida Figure Skating Association Inc ($123k) and Amateur Athletic Union of the United States Inc ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. At year end it held assets of $348 against liabilities of $0, net assets of $348.