Wellesley Youth Lacrosse Club Inc

Analysis

Wellesley Youth Lacrosse Club Inc is a registered charity in United States, based in Wellesley HLS, MA. It received its IRS tax-exemption ruling in April 2014, 12 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 August 2024, Wellesley Youth Lacrosse Club Inc reported income of $113k and spending of $116k, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2024, income fell from $243k to $113k (-53%), an average of -17% a year. The sharpest change came in the year to August 2022, when income dropped by 56%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wellesley Youth Lacrosse Club Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include Brebeuf Jesuit Hockey Club Inc ($113k), Suffolk County Cross-Country and Track Coaches Association Inc ($113k) and Georgetown Baseball Softball Booster Club ($113k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. At year end it held assets of $118k against liabilities of $11k, net assets of $107k.