Firecrackers Leles

Analysis

Firecrackers Leles is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in March 2022, 4 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Firecrackers Leles reported income of $338k and spending of $342k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $21k to $338k (+1540%), an average of +154% a year. The sharpest change came in the year to December 2021, when income rose by 1811%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Firecrackers Leles sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Massachusetts State Referee Committee Inc ($338k), Farragut Baseball Inc ($338k) and Diamond Council of Columbia Inc ($338k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $3,050 (0.9% of expenses). At year end it held assets of $27k against liabilities of $0, net assets of $27k.