Memorial Boys Lacrosse

Analysis

Memorial Boys Lacrosse is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Memorial Boys Lacrosse reported income of $299k and spending of $334k, spending 111% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $223k to $299k (+34%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Memorial Boys Lacrosse sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Vision International Training and Education Network Inc ($299k), CT Science 4 Kids ($299k) and Texas Shotgun Shootout and Larryratheal Scholarship Association ($299k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 66% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.