Kernersville Little League Baseball Inc

Analysis

Kernersville Little League Baseball Inc is a registered charity in United States, based in Kernersville, NC. It received its IRS tax-exemption ruling in May 1971, 55 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, Kernersville Little League Baseball Inc reported income of $128k and spending of $164k, spending 128% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $145k to $128k (-12%), an average of -3.1% a year. The sharpest change came in the year to September 2022, when income rose by 37%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kernersville Little League Baseball Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include Historic Easton Inc ($128k), Hall of Heroes ($128k) and Lakes Area Care Incorporated ($128k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 83% of the total. At year end it held assets of $1.1m against liabilities of $32k, net assets of $1.1m.