Thurmont Little League Inc

Analysis

Thurmont Little League Inc is a registered charity in United States, based in Thurmont, MD. It received its IRS tax-exemption ruling in June 1976, 50 years ago. 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 September 2023, Thurmont Little League Inc reported income of $105k and spending of $110k, spending 105% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income grew from $84k to $105k (+25%), an average of +12% a year. The sharpest change came in the year to September 2022, when income rose by 54%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thurmont Little League Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include Ag2g Inc ($105k), PTA New Jersey Congress of Parents & Teachers ($105k) and South Dakota Counseling Association Inc ($105k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 23% and program service revenue 36% of the total. At year end it held assets of $146k against liabilities of $2,643, net assets of $143k.