Lassiter Touchdown Club Inc

Analysis

Lassiter Touchdown Club Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lassiter Touchdown Club Inc reported income of $229k and spending of $243k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $153k to $229k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lassiter Touchdown Club Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within GA. Charities of a similar size with the same main cause include Bryan County United Way ($228k), South Pointe Phase II Inc ($229k) and Gouverneur Breast and Ovarian Cancer Fund Inc ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. At year end it held assets of $3,792 against liabilities of $0, net assets of $3,792.