Franklin-Simpson Baseball Boosters Inc

Analysis

Franklin-Simpson Baseball Boosters Inc is a registered charity in United States, based in Franklin, KY. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Franklin-Simpson Baseball Boosters Inc reported income of $198k and spending of $158k, leaving 20% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $89k to $198k (+123%), an average of +22% a year. The sharpest change came in the year to September 2021, when income rose by 133%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Franklin-Simpson Baseball Boosters Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within KY. Charities of a similar size with the same main cause include Diversity Nurtures Achievement ($198k), Triad United Rowing Association ($198k) and Carle Place Soccer Club Inc ($198k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.6% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $2,400 (1.5% of expenses). Other salaries and wages came to $4,962. At year end it held assets of $503k against liabilities of $107k, net assets of $395k. It reported 1 employees.