Ipswich Youth Lacrosse Inc

Analysis

Ipswich Youth Lacrosse Inc is a registered charity in United States, based in Ipswich, MA. It received its IRS tax-exemption ruling in July 2007, 19 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 September 2023, Ipswich Youth Lacrosse Inc reported income of $52k and spending of $50k, spending 96% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $66k to $52k (-20%), an average of -20% a year. The sharpest change came in the year to September 2023, when income dropped by 20%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ipswich Youth Lacrosse Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include Exctf Booster Club ($52k), Ashburn Farm Barracudas Swim Team Inc ($52k) and Marion Center Youth Football and Cheerleaders ($52k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.