Seattle Youth Lacrosse Club

Analysis

Seattle Youth Lacrosse Club is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 2021, 5 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, Seattle Youth Lacrosse Club reported income of $69k and spending of $89k, spending 128% of what it took in. Across the 5 years on record, from December 2016 to December 2023, income fell from $79k to $69k (-12%), an average of -3.0% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Seattle Youth Lacrosse Club sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 22nd percentile within WA. Charities of a similar size with the same main cause include Granite Town Festivities Committee ($69k), Hillsdale Baseball Association Inc ($69k) and Region 8 Gymnastics Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.