Lynbrook East Rockaway Soccer Club Incorporated

Analysis

Lynbrook East Rockaway Soccer Club Incorporated is a registered charity in United States, based in East Rockaway, NY. It received its IRS tax-exemption ruling in November 2004, 22 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 2023, Lynbrook East Rockaway Soccer Club Incorporated reported income of $266k and spending of $221k, spending 83% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $205k to $266k (+30%), an average of +9.1% a year. The sharpest change came in the year to June 2022, when income rose by 226%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lynbrook East Rockaway Soccer Club Incorporated sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Central Kentucky Hockey Association Inc ($266k), L a S B C Inc ($266k) and Team Pittsburgh ($266k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $368k against liabilities of $1,142, net assets of $367k.