Farmington Youth Lacrosse Association

Analysis

Farmington Youth Lacrosse Association is a registered charity in United States, based in Farmington, MN. It received its IRS tax-exemption ruling in February 2020, 6 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 2023, Farmington Youth Lacrosse Association reported income of $60k and spending of $85k, spending 141% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $65k to $60k (-7.2%), an average of -7.2% a year. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Farmington Youth Lacrosse Association sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include South Dakota Salutes ($60k), Elliott-West End Athletic Association ($60k) and Falcons Youth Lacrosse Inc ($60k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 0.9% and program service revenue 91% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.