Minnetonka Lacrosse Association

Analysis

Minnetonka Lacrosse Association is a registered charity in United States, based in Excelsior, MN. It received its IRS tax-exemption ruling in November 2009, 17 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Minnetonka Lacrosse Association reported income of $308k and spending of $301k, spending 98% of its income. Across the 3 years on record, from September 2019 to September 2023, income grew from $180k to $308k (+71%), an average of +31% a year. The sharpest change came in the year to September 2023, when income rose by 42%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Minnetonka Lacrosse Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Dayton Boat Club ($308k), Temecula Valley Girls Softballassociation ($308k) and Colleyville Baseball Association Inc ($308k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $30k (10% of expenses). At year end it held assets of $101k against liabilities of $5,500, net assets of $95k.