GHS Friends of Glastonbury Baseball Inc

Analysis

GHS Friends of Glastonbury Baseball Inc is a registered charity in United States, based in Glastonbury, CT. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, GHS Friends of Glastonbury Baseball Inc reported income of $61k and spending of $45k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $2,588 to $61k (+2276%), an average of +188% a year. The sharpest change came in the year to December 2021, when income rose by 1555%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, GHS Friends of Glastonbury Baseball Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within CT. Charities of a similar size with the same main cause include Solon Benevolent Fund Inc ($61k), Duluth Lions Club Foundation ($61k) and Jack Starkey Charitable TR ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.