Lady Magic Girls Softball Inc

Analysis

Lady Magic Girls Softball Inc is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in December 2001, 25 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 August 2024, Lady Magic Girls Softball Inc reported income of $260k and spending of $271k, spending 104% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $247k to $260k (+5.1%), an average of +5.1% a year. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lady Magic Girls Softball Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Riverside Area Youth Soccer League ($260k), Greater Green Bay Figure Skating Club Inc ($260k) and Wagoner Foundation Inc ($260k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $70k against liabilities of $12k, net assets of $58k.