Paintsville Little League Inc

Analysis

Paintsville Little League Inc is a registered charity in United States, based in Paintsville, KY. It received its IRS tax-exemption ruling in June 1989, 37 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, Paintsville Little League Inc reported income of $113k and spending of $96k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $113k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Paintsville Little League Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within KY. Charities of a similar size with the same main cause include Wolfeboro Singletrack Alliance ($113k), Telluride Youth Soccer Club ($113k) and In the Game Sports Inc ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 45% of the total. At year end it held assets of $141k against liabilities of $26k, net assets of $114k.