Cape American Baseball Inc

Analysis

Cape American Baseball Inc is a registered charity in United States, based in Cape Coral, FL. It received its IRS tax-exemption ruling in January 2024, 2 years ago. 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 2022, Cape American Baseball Inc reported income of $64k and spending of $52k, spending 81% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $15k to $64k (+337%), an average of +337% a year. The sharpest change came in the year to December 2022, when income rose by 337%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cape American Baseball Inc 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 25th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Dothan Rotary Childrens Foundation Inc ($64k), Catskill Choral Society Inc ($64k) and PTA California Congress of Parents Teachers & Students Inc ($64k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 2.9% and program service revenue 94% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.