SLSC Inc

Analysis

SLSC Inc is a registered charity in United States, based in Elkhart, IN. It received its IRS tax-exemption ruling in June 1996, 30 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, SLSC Inc reported income of $70k and spending of $73k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $132k to $70k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, SLSC Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within IN. Charities of a similar size with the same main cause include Raise the Bar Initiative ($70k), Channahon Park Foundation NFP ($70k) and Pop Warner Little Scholars Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.