Reading Lacrosse Association

Analysis

Reading Lacrosse Association is a registered charity in United States, based in North Reading, MA. It received its IRS tax-exemption ruling in September 2002, 24 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 June 2024, Reading Lacrosse Association reported income of $149k and spending of $122k, spending 82% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $101k to $149k (+47%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Reading Lacrosse Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Little League Baseball Inc ($149k), Pittsburgh Pirates Alumni Association Inc ($149k) and Jackson Select Soccer Club Inc ($149k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.9% of the total. At year end it held assets of $186k against liabilities of $0, net assets of $186k.