Inglewood Baseball Fund Inc

Analysis

Inglewood Baseball Fund Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 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, Inglewood Baseball Fund Inc reported income of $107k and spending of $177k, spending 165% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $194k to $107k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 118% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Inglewood Baseball Fund Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Piedra Vista Baseball Booster Club ($107k), Mascoutah Little Indians Athletics ($107k) and Rowla ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $22k, net assets of $18k.