Freetown Lakeville Athletic Association Inc

Analysis

Freetown Lakeville Athletic Association Inc is a registered charity in United States, based in East Freetown, MA. It received its IRS tax-exemption ruling in July 1980, 46 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, Freetown Lakeville Athletic Association Inc reported income of $200k and spending of $192k, spending 96% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $180k to $200k (+11%), an average of +11% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Freetown Lakeville Athletic Association Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Key Peninsula Historic Society ($200k), American Catholic Press ($200k) and Pioneer Manor of Geneva Inc ($199k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 15% and program service revenue 46% of the total. At year end it held assets of $218k against liabilities of $0, net assets of $218k.