Lightning Lacrosse Club Incorporated

Analysis

Lightning Lacrosse Club Incorporated is a registered charity in United States, based in Princeton JCT, NJ. It received its IRS tax-exemption ruling in September 2021, 5 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, Lightning Lacrosse Club Incorporated reported income of $119k and spending of $90k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $119k (-3.9%), an average of -3.9% a year. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lightning Lacrosse Club Incorporated sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Kindersport Foundation Inc ($119k), Playsmart Inc ($119k) and U P Central Trails Inc ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 3.9% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.