Lake Zurich Flames Junior Football

Analysis

Lake Zurich Flames Junior Football is a registered charity in United States, based in Lake Zurich, IL. It received its IRS tax-exemption ruling in April 1978, 48 years ago. 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, Lake Zurich Flames Junior Football reported income of $244k and spending of $245k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $153k to $244k (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 206%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Zurich Flames Junior Football sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Little League Baseball Inc ($244k), Blind Service Association Trust Fund the Northern Trust Co ($244k) and Crossroads Christian Youth Center ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 82% of the total. At year end it held assets of $180k against liabilities of $0, net assets of $180k.