Verona Lacrosse Club Inc

Analysis

Verona Lacrosse Club Inc is a registered charity in United States, based in Verona, WI. It received its IRS tax-exemption ruling in May 2010, 16 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, Verona Lacrosse Club Inc reported income of $185k and spending of $201k, spending 109% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $160k to $185k (+16%), an average of +16% a year. The sharpest change came in the year to August 2023, when income rose by 16%. 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, Verona Lacrosse Club Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within WI. Charities of a similar size with the same main cause include The Igloo ($185k), Reins in Motion Foundation ($185k) and HFC United ($184k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 6.0% and program service revenue 84% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.