Sheridan McGuane Baseball Inc

Analysis

Sheridan McGuane Baseball Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2022, 4 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 December 2023, Sheridan McGuane Baseball Inc reported income of $233k and spending of $194k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $159k to $233k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sheridan McGuane Baseball Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Fore the Ladies Inc ($233k), Mavs of Springfield Baseball ($233k) and Valley Basketball Association ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.