Friends of Kingwood Baseball

Analysis

Friends of Kingwood Baseball is a registered charity in United States, based in Kingwood, TX. It received its IRS tax-exemption ruling in September 1998, 28 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, Friends of Kingwood Baseball reported income of $139k and spending of $138k, spending 99% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $33k to $139k (+319%), an average of +105% a year. The sharpest change came in the year to December 2022, when income rose by 288%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Kingwood Baseball sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Kicknknowledge Incorporated ($139k), North Gwinnett High School Lacrosse Booster Club ($139k) and Appleseed Christian Academy ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.