Bridgewater Lacrosse Inc

Analysis

Bridgewater Lacrosse Inc is a registered charity in United States, based in Bridgewater, NJ. It received its IRS tax-exemption ruling in April 2000, 26 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bridgewater Lacrosse Inc reported income of $77k and spending of $88k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $113k to $77k (-31%), an average of -9.0% a year. The sharpest change came in the year to June 2023, when income rose by 162%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bridgewater Lacrosse Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Marion Youth Sports Organization ($77k), Pearl City Aquatics Club ($77k) and National Womens Tennis Organization Inc ($77k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $288k against liabilities of $0, net assets of $288k.

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.