Connecticut River Lacrosse Club Inc

Analysis

Connecticut River Lacrosse Club Inc is a registered charity in United States, based in Old Lyme, CT. It received its IRS tax-exemption ruling in July 2002, 24 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, Connecticut River Lacrosse Club Inc reported income of $63k and spending of $48k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $63k (+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 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Connecticut River Lacrosse Club Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within CT. Charities of a similar size with the same main cause include Central Macomb Optimist Foundation ($63k), T R E Inc ($64k) and Juneau Baseball Association Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 90% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.