Lakeland Xpress All Stars Inc

Analysis

Lakeland Xpress All Stars Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in April 2015, 11 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 2022, Lakeland Xpress All Stars Inc reported income of $198k and spending of $185k, spending 93% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $143k to $198k (+39%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lakeland Xpress All Stars Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Huron Forest Camp Cedarridge Inc ($198k), Youth Life Skills Fore Greater El Paso Inc ($198k) and Unico Futbol Club ($198k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 23% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.