Mingo Bay Classic Baseball Tourname

Analysis

Mingo Bay Classic Baseball Tourname is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in January 2000, 26 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mingo Bay Classic Baseball Tourname reported income of $126k and spending of $85k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $126k (+63%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mingo Bay Classic Baseball Tourname sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 49th percentile within SC. Charities of a similar size with the same main cause include Queens Nassau Comets ($126k), Nassau Athletic and Activity Programs Inc ($126k) and Morrow County Community Center Inc ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.