Carlos Beltran Baseball Academy Inc

Analysis

Carlos Beltran Baseball Academy Inc is a registered charity in United States, based in Florida, PR. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Carlos Beltran Baseball Academy Inc reported income of $1.7m and spending of $2.0m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.7m (-0.9%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 74%. 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, Carlos Beltran Baseball Academy Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 78th percentile within PR. Charities of a similar size with the same main cause include Section VIII of the New York State Public High SCH Athletic Assn Inc ($1.7m), Junior Railers Hockey Club Inc ($1.7m) and San Diego Shores Water Polo Club ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $107k (5.4% of expenses). Other salaries and wages came to $559k. At year end it held assets of $4.8m against liabilities of $400k, net assets of $4.4m. It reported 36 employees.