Southlake Carroll Lacrosse Association

Analysis

Southlake Carroll Lacrosse Association is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Southlake Carroll Lacrosse Association reported income of $381k and spending of $392k, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $326k to $381k (+17%), an average of +4.0% a year. The sharpest change came in the year to August 2021, when income rose by 46%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Southlake Carroll Lacrosse Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Adolescent Life Coaching Center Inc ($381k), Boy Scouts of America ($381k) and The Rock Center ($380k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 7.4% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $101k (26% of expenses). At year end it held assets of $261k against liabilities of $104k, net assets of $157k.