Friendswood Youth Lacrosse

Analysis

Friendswood Youth Lacrosse is a registered charity in United States, based in Friendswood, TX. It received its IRS tax-exemption ruling in April 2011, 15 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, Friendswood Youth Lacrosse reported income of $69k and spending of $91k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $69k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friendswood Youth Lacrosse sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Ashland Soccer Club Inc ($69k), Saginaw Bay Community Sailing Association ($69k) and Nashville Sailing Foundation Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.