Norwalk Lacrosse Association Inc

Analysis

Norwalk Lacrosse Association Inc is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in February 2020, 6 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, Norwalk Lacrosse Association Inc reported income of $180k and spending of $187k, spending 103% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $104k to $180k (+74%), an average of +74% a year. The sharpest change came in the year to September 2023, when income rose by 74%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Norwalk Lacrosse Association Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include Halifax Rowing Association Inc ($180k), Chaska Figure Skating Club ($181k) and SS Youth Soccer Club Inc ($180k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.