Palmetto Baseball League Inc

Analysis

Palmetto Baseball League Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in December 1995, 31 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, Palmetto Baseball League Inc reported income of $444k and spending of $253k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $770k to $444k (-42%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 49% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Palmetto Baseball League Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within SC. Charities of a similar size with the same main cause include Keystone Trails Association Inc ($444k), Burlington Area Soccer Club Inc ($445k) and Black Swamp VBC ($444k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 56% of the total. At year end it held assets of $2.1m against liabilities of $191k, net assets of $1.9m.