Carlos Beltran Baseball Academy Foundation Inc

Analysis

Carlos Beltran Baseball Academy Foundation Inc is a registered charity in United States, based in Coto Laurel, PR. It received its IRS tax-exemption ruling in June 2019, 7 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, Carlos Beltran Baseball Academy Foundation Inc reported income of $386k and spending of $371k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $386k (+88%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 252%. Over the whole period it spent 78% 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 Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 50th percentile within PR. Charities of a similar size with the same main cause include Kims Kids Inc ($386k), Baseball 320 Inc ($386k) and Crossroads Volleyball Inc ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $100k in professional fundraising fees. At year end it held assets of $322k against liabilities of $49k, net assets of $273k.