Va Stingrays Softball

Analysis

Va Stingrays Softball is a registered charity in United States, based in Burke, VA. It received its IRS tax-exemption ruling in September 2019, 7 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 July 2023, Va Stingrays Softball reported income of $80k and spending of $91k, spending 115% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $86k to $80k (-7.6%), an average of -7.6% a year. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Va Stingrays Softball sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within VA. Charities of a similar size with the same main cause include Mount Ashland Racing Association ($80k), Ifcma Inc ($80k) and Southwest Trampoline and Tumbling Association ($80k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. At year end it held assets of $7,378 against liabilities of $0, net assets of $7,378.