Whitecaps Baseball Academy

Analysis

Whitecaps Baseball Academy is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 February 2023, Whitecaps Baseball Academy reported income of $392k and spending of $366k, spending 93% of its income. Across the 2 years on record, from February 2022 to February 2023, income grew from $200k to $392k (+97%), an average of +96% a year. The sharpest change came in the year to February 2023, when income rose by 97%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Whitecaps Baseball Academy sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Los Gatos Music Boosters Inc ($392k), Old Dominion University Alumni Association Incorporated ($392k) and Montessori Childrens House Offranktown ($392k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. Other salaries and wages came to $127k. At year end it held assets of $38k against liabilities of $0, net assets of $38k.