Lake Norman Lacrosse Boosters Club

Analysis

Lake Norman Lacrosse Boosters Club is a registered charity in United States, based in Mooresville, NC. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lake Norman Lacrosse Boosters Club reported income of $91k and spending of $87k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $91k (-13%), an average of -13% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Norman Lacrosse Boosters Club sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include The Columbia Foundation ($91k), Friends of the Black River Forest ($91k) and PTA New York Congress ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.