LVQMRC

Analysis

LVQMRC is a registered charity in United States, based in Lehigh Valley, PA. It received its IRS tax-exemption ruling in December 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 December 2023, LVQMRC reported income of $162k and spending of $123k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $91k to $162k (+77%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, LVQMRC sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Atlanta Youth Rugby Inc ($162k), Penn-Hope Baseball-Softball Association a New Jersey ($162k) and Pleasant Hill Little League Inc ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 40% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.