Corona National Little League Inc

Analysis

Corona National Little League Inc is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in July 1978, 48 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 September 2023, Corona National Little League Inc reported income of $152k and spending of $168k, spending 111% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $180k to $152k (-16%), an average of -16% a year. The sharpest change came in the year to September 2023, when income dropped by 16%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Corona National Little League Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Friends of the St Charles City County Library ($152k), Rock Valley Residential Housing Inc ($152k) and Friends of Historic Kingston ($152k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.