Swansboro Baseball and Softball League

Analysis

Swansboro Baseball and Softball League is a registered charity in United States, based in Swansboro, NC. It received its IRS tax-exemption ruling in July 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 (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, Swansboro Baseball and Softball League reported income of $140k and spending of $320k, spending 228% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $260k to $140k (-46%), an average of -27% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Swansboro Baseball and Softball League sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include NC Freedom Fest Inc ($140k), South Carolina Amateur Soccer Association Scasa ($140k) and Centennial Youth Football Association ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 23% of the total. At year end it held assets of $446k against liabilities of $0, net assets of $446k.