Knights Lacrosse

Analysis

Knights Lacrosse is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 2017, 9 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, Knights Lacrosse reported income of $51k and spending of $71k, spending 139% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $53k to $51k (-3.4%), an average of -3.4% a year. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Knights Lacrosse sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include Klahanie Swim Team ($51k), Idlewild Christian Endeavors Incorporated ($51k) and Okoboji Youth Basketball Association Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.