LCB Inc

Analysis

LCB Inc is a registered charity in United States, based in Dyer, IN. It received its IRS tax-exemption ruling in November 1995, 31 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 September 2023, LCB Inc reported income of $306k and spending of $289k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $255k to $306k (+20%), an average of +4.7% a year. The sharpest change came in the year to September 2022, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, LCB Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IN. Charities of a similar size with the same main cause include Shoreline Sports Club ($306k), Nampa Kids in Developmental Soccer Inc ($306k) and Glenbrook North Hockey Club ($306k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $131k. At year end it held assets of $144k against liabilities of $33k, net assets of $111k. It reported 6 employees.