Leverage Lacrosse Inc

Analysis

Leverage Lacrosse Inc is a registered charity in United States, based in Redondo Beach, CA. It received its IRS tax-exemption ruling in March 2013, 13 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, Leverage Lacrosse Inc reported income of $105k and spending of $102k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $118k to $105k (-12%), an average of -12% a year. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Leverage Lacrosse Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include GHS Pep Squad Boosters ($105k), Los Banos Tigers Youth Football ($105k) and North Haven Youth Basketball Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 92% of the total. At year end it held assets of $2,602 against liabilities of $0, net assets of $2,602.