Texas Rangers Baseball Foundation

Analysis

Texas Rangers Baseball Foundation is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Texas Rangers Baseball Foundation reported income of $5.8m and spending of $3.5m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $5.8m (+54%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Rangers Baseball Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Zenith Academy - East ($5.8m), Kings Classical Academy Inc ($5.8m) and Tucc Inc ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $845k. At year end it held assets of $35.1m against liabilities of $3.2m, net assets of $32.0m.