Springboro Panthers Lacrosse

Analysis

Springboro Panthers Lacrosse is a registered charity in United States, based in Springboro, OH. It received its IRS tax-exemption ruling in March 2010, 16 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, Springboro Panthers Lacrosse reported income of $71k and spending of $97k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $210k to $71k (-66%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. 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, Springboro Panthers Lacrosse sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include Lake Chelan Recreation Development Foundation ($71k), Walker Independent Football League Inc ($71k) and Blue and White Athletic Booster Club ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 54% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.