Legends Fastpitch

Analysis

Legends Fastpitch is a registered charity in United States, based in Yorktown, VA. It received its IRS tax-exemption ruling in April 2021, 5 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, Legends Fastpitch reported income of $250k and spending of $279k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $208k to $250k (+20%), an average of +9.7% a year. 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, Legends Fastpitch 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 58th percentile within VA. Charities of a similar size with the same main cause include Silver Bay Country Club ($250k), Tamiami Youth Basketball Inc ($250k) and Knights Baseball Club ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.