Farragut Baseball Inc

Analysis

Farragut Baseball Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in July 1996, 30 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, Farragut Baseball Inc reported income of $338k and spending of $351k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $338k (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Farragut Baseball Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within TN. Charities of a similar size with the same main cause include Firecrackers Leles ($338k), Tremorsync Inc ($338k) and Massachusetts State Referee Committee Inc ($338k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $5,611 against liabilities of $0, net assets of $5,611.