Timberwolves Baseball Booster Inc

Analysis

Timberwolves Baseball Booster Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in February 2004, 22 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 May 2024, Timberwolves Baseball Booster Inc reported income of $97k and spending of $70k, leaving 28% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income grew from $83k to $97k (+17%), an average of +17% a year. The sharpest change came in the year to May 2024, when income rose by 17%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Timberwolves Baseball Booster Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Arizona Junior Rowing Inc ($97k), Gulf Boxing Association ($97k) and North Jersey Board of Approved Basketball Officials Inc ($97k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 16% and program service revenue 53% of the total. At year end it held assets of $376k against liabilities of $0, net assets of $376k.