Lake Youth Athletic Association

Analysis

Lake Youth Athletic Association is a registered charity in United States, based in Wauconda, IL. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Youth Athletic Association reported income of $154k and spending of $181k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $154k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lake Youth Athletic Association sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include Mentoring Youth Through Technology ($153k), The Center for Recreation Education Arts Technology & Enterprise Inc ($154k) and Its 4 the Kids ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $17k against liabilities of $5,139, net assets of $12k.