Loveland Baseball Association

Analysis

Loveland Baseball Association is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in February 1986, 40 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 October 2023, Loveland Baseball Association reported income of $253k and spending of $221k, spending 88% of its income. Across the 5 years on record, from October 2019 to October 2023, income fell from $303k to $253k (-17%), an average of -4.4% a year. The sharpest change came in the year to October 2020, when income dropped by 33%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Loveland Baseball Association sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include Friends of the Merrimack River Greenway Trail ($253k), Cortland Regional Sports Council Inc ($253k) and Long Walk Home Inc ($253k).

On its Form 990 for the period ending October 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $2,895. At year end it held assets of $150k against liabilities of $0, net assets of $150k. It reported 1 employees.