Glastonbury Lacrosse Club Inc

Analysis

Glastonbury Lacrosse Club Inc is a registered charity in United States, based in Glastonbury, CT. It received its IRS tax-exemption ruling in October 1990, 36 years ago. 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 2024, Glastonbury Lacrosse Club Inc reported income of $67k and spending of $61k, spending 91% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $39k to $67k (+70%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Glastonbury Lacrosse Club Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within CT. Charities of a similar size with the same main cause include East Bay Division Scholarship Foundation Inc ($67k), Touch Care Foundation Inc ($67k) and PTA Tennessee Congress of Parents & Teachers Inc ($67k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.6% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.