Ballard Alumni Association Inc

Analysis

Ballard Alumni Association Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in August 2019, 7 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, Ballard Alumni Association Inc reported income of $390k and spending of $74k, leaving 81% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $370k to $390k (+5.5%), an average of +1.8% a year. The sharpest change came in the year to December 2023, when income rose by 418%. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ballard Alumni Association Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within KY. Charities of a similar size with the same main cause include Oklahoma Amateur Wrestling Inc ($390k), Sienna Plantation Youth Baseballleague Inc ($390k) and West Seattle Soccer Club ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $511k against liabilities of $0, net assets of $511k.