Mat-Su Baseball Inc

Analysis

Mat-Su Baseball Inc is a registered charity in United States, based in Palmer, AK. It received its IRS tax-exemption ruling in June 2007, 19 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, Mat-Su Baseball Inc reported income of $403k and spending of $446k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $337k to $403k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mat-Su Baseball Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 62nd percentile within AK. Charities of a similar size with the same main cause include Back Bay Aquatics Foundation ($403k), Friends of Ecusta Trail Inc ($403k) and Tri City Youth Football Association ($403k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $111k (25% of expenses). At year end it held assets of $492k against liabilities of $23k, net assets of $469k. It reported 1 employees.