Penn Boys Lacrosse Inc

Analysis

Penn Boys Lacrosse Inc is a registered charity in United States, based in Granger, IN. It received its IRS tax-exemption ruling in September 2019, 7 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, Penn Boys Lacrosse Inc reported income of $51k and spending of $46k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $51k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Penn Boys Lacrosse Inc 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 17th percentile within IN. Charities of a similar size with the same main cause include Little League Baseball Inc ($51k), Buffalo Grove Feeder Basketball ($51k) and Wildcat Diamond Club Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.