Lax Devils Lacrosse Club Inc

Analysis

Lax Devils Lacrosse Club Inc is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in June 2008, 18 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 August 2021, Lax Devils Lacrosse Club Inc reported income of $86k and spending of $119k, spending 140% of what it took in. Across the 3 years on record, from August 2019 to August 2021, income fell from $178k to $86k (-52%), an average of -31% a year. The sharpest change came in the year to August 2021, when income dropped by 43%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lax Devils Lacrosse Club Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within AZ. Charities of a similar size with the same main cause include Saders Inc ($86k), Nevada City Little League ($86k) and Wicomico Farm & Home Show Inc ($85k).

On its Form 990 for the period ending August 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $14k. At year end it held assets of $61k against liabilities of $0, net assets of $61k.