Lanco Elite Lacrosse Club

Analysis

Lanco Elite Lacrosse Club is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in April 2009, 17 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, Lanco Elite Lacrosse Club reported income of $84k and spending of $85k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $104k to $84k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lanco Elite Lacrosse Club sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include McPherson Bullpup Booster Club ($84k), Jasper Tennis Club Inc ($84k) and Central Park Village Youth Services Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.