Cape Ann Youth Lacrosse Inc

Analysis

Cape Ann Youth Lacrosse Inc is a registered charity in United States, based in Gloucester, MA. It received its IRS tax-exemption ruling in March 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 September 2023, Cape Ann Youth Lacrosse Inc reported income of $62k and spending of $44k, leaving 29% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $52k to $62k (+19%), an average of +19% a year. The sharpest change came in the year to September 2023, when income rose by 19%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cape Ann Youth Lacrosse Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($62k), Stratford Athletic Organization Inc ($62k) and Mahtomedi First Down Foundation Inc ($62k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 8.1% and program service revenue 92% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.