Bethesda Chevy Chase Baseball Inc

Analysis

Bethesda Chevy Chase Baseball Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in October 1993, 33 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, Bethesda Chevy Chase Baseball Inc reported income of $2.2m and spending of $2.3m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.2m (+6.8%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bethesda Chevy Chase Baseball Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Austin Rowing Club ($2.2m), Classics Elite Soccer Academy Inc ($2.2m) and Friends of the Festival Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $126k (5.5% of expenses). Other salaries and wages came to $422k. At year end it held assets of $2.8m against liabilities of $3.0m, net assets of -$127k. It reported 24 employees.