Italian American Baseball Foundation

Analysis

Italian American Baseball Foundation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 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 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, Italian American Baseball Foundation reported income of $360k and spending of $365k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $211k to $360k (+71%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Italian American Baseball Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Maryland Volleyball Program Inc ($360k), Arlington Travel Baseball ($361k) and Village Club & Preserve Inc ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.