McKinney Lacrosse Club

Analysis

McKinney Lacrosse Club is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in October 2012, 14 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, McKinney Lacrosse Club reported income of $182k and spending of $211k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $247k to $182k (-26%), an average of -7.4% a year. The sharpest change came in the year to June 2023, when income dropped by 28%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, McKinney Lacrosse Club 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 52nd percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Academy of California Elite Soccer Inc ($182k), Rockaway Rockets Football Association Inc ($182k) and North Richland Youth Association ($182k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 35% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.