The Lacrosse Club Inc

Analysis

The Lacrosse Club Inc is a registered charity in United States, based in Brooklandvl, MD. It received its IRS tax-exemption ruling in May 2007, 19 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 December 2023, The Lacrosse Club Inc reported income of $289k and spending of $376k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $586k to $289k (-51%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Lacrosse Club Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MD. Charities of a similar size with the same main cause include Wildkit Swimming Organization ($289k), Olympia Area Rowing Association ($289k) and Watertown Youth Soccer Association ($289k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $82k (22% of expenses). Other salaries and wages came to $18k. At year end it held assets of $105k against liabilities of $0, net assets of $105k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.