Groton Baseball Softball Foundation

Analysis

Groton Baseball Softball Foundation is a registered charity in United States, based in Groton, SD. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Groton Baseball Softball Foundation reported income of $59k and spending of $7,579, leaving 87% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $59k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 13% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Groton Baseball Softball Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 17th percentile within SD. Charities of a similar size with the same main cause include Emmetsburg Athletic Booster Club ($59k), Princeton Junior Football League ($59k) and Palmerton Boosters ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $126k against liabilities of $0, net assets of $126k.