Lynnfield Athletic Association Inc

Analysis

Lynnfield Athletic Association Inc is a registered charity in United States, based in Lynnfield, MA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Lynnfield Athletic Association Inc reported income of $99k and spending of $100k, spending 101% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $28k to $99k (+248%), an average of +248% a year. The sharpest change came in the year to June 2023, when income rose by 248%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lynnfield Athletic Association 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 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Lindbergh Lacrosse Club ($99k), Portage Congregational Community Nursery Inc ($99k) and Towle Institute ($99k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 90% of the total. At year end it held assets of $86k against liabilities of $68k, net assets of $18k.