Launch Baseball Inc

Analysis

Launch Baseball Inc is a registered charity in United States, based in Mount Vernon, OH. It received its IRS tax-exemption ruling in January 2023, 3 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, Launch Baseball Inc reported income of $84k and spending of $61k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1,357 to $84k (+6090%), an average of +6090% a year. The sharpest change came in the year to December 2023, when income rose by 6090%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Launch Baseball Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within OH. Charities of a similar size with the same main cause include Murrysville Area Soccer Association ($84k), WHS Home Run Club ($84k) and Yakima Warriors Association ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.