Babe Ruth Birthplace Foundation Inc

Analysis

Babe Ruth Birthplace Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 1973, 53 years ago. 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 September 2023, Babe Ruth Birthplace Foundation Inc reported income of $80k and spending of $539k, spending 671% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.2m to $80k (-93%), an average of -49% a year. The sharpest change came in the year to September 2021, when income rose by 104%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Babe Ruth Birthplace Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within MD. Charities of a similar size with the same main cause include Monterey County Agricultural Education Inc ($80k), Mountain Valley Arts Council ($80k) and Branchburg Travel Soccer Club BTSC ($80k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 166% and program service revenue 210% of the total. Compensation of current officers, directors and key employees was $74k (14% of expenses). Other salaries and wages came to $152k. At year end it held assets of $4.1m against liabilities of $2.1m, net assets of $1.9m. It reported 7 employees.