Toms River Lacrosse Club Inc

Analysis

Toms River Lacrosse Club Inc is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in October 2017, 9 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, Toms River Lacrosse Club Inc reported income of $75k and spending of $75k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $75k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Toms River Lacrosse Club Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include Richwoods Youth Baseball Association Inc ($75k), Trousdell Gymnastics Center Booster Club Inc ($75k) and Lebanon Fastpitch ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.