Lnysa Inc

Analysis

Lnysa Inc is a registered charity in United States, based in Laguna Niguel, CA. It received its IRS tax-exemption ruling in February 2009, 17 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, Lnysa Inc reported income of $2.2m and spending of $1.8m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.2m (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lnysa Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Harpers Playground ($2.2m), Northern Virginia Volleyball Association ($2.2m) and Cradle Beach Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $179k (9.8% of expenses). Other salaries and wages came to $759k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 21 employees.