Sorrento Babe Ruth League Inc

Analysis

Sorrento Babe Ruth League Inc is a registered charity in United States, based in Sorrento, FL. It received its IRS tax-exemption ruling in October 2021, 5 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 December 2023, Sorrento Babe Ruth League Inc reported income of $127k and spending of $122k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $127k (+2.0%), an average of +2.0% a year. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sorrento Babe Ruth League Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Ignite Soccer Club ($127k), Lawrence Township Junior Baseball Softball Association Inc ($127k) and Colorado Miners Inc ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.4% and program service revenue 66% of the total. At year end it held assets of $50k against liabilities of $66, net assets of $50k.