Mlb-Mlbpa Youth Development Foundation

Analysis

Mlb-Mlbpa Youth Development Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Mlb-Mlbpa Youth Development Foundation reported income of $3.8m and spending of $1.6m, leaving 59% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income grew from $2.2m to $3.8m (+77%), an average of +77% a year. The sharpest change came in the year to December 2020, when income rose by 77%. Over the whole period it spent 114% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mlb-Mlbpa Youth Development Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Head of the Charles Regatta Inc ($3.8m), The Scga Foundation ($3.8m) and Eden Village Camp Inc ($3.8m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $283k (18% of expenses). Other salaries and wages came to $124k. At year end it held assets of $16.3m against liabilities of $887k, net assets of $15.4m.