Madison Girls Lacrosse Inc

Analysis

Madison Girls Lacrosse Inc is a registered charity in United States, based in Madison, NJ. It received its IRS tax-exemption ruling in January 2012, 14 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, Madison Girls Lacrosse Inc reported income of $53k and spending of $56k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $53k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 67% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Madison Girls Lacrosse Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 27th percentile within NJ. Charities of a similar size with the same main cause include South Summit Rodeo Club ($53k), Rochester Hispanic Youth Baseball League Inc ($53k) and Key City Athletics Foundation Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.7% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.