Olney Community Baseball Team Inc

Analysis

Olney Community Baseball Team Inc is a registered charity in United States, based in Olney, MD. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Olney Community Baseball Team Inc reported income of $168k and spending of $130k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $168k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Olney Community Baseball Team Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include 7028 Robotics ($168k), Little League Baseball Inc ($168k) and Saddle of Love ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 33% of the total. At year end it held assets of $49k against liabilities of $4,066, net assets of $45k.