Fairfield Lacrosse Incorporated

Analysis

Fairfield Lacrosse Incorporated is a registered charity in United States, based in Southport, CT. It received its IRS tax-exemption ruling in September 2014, 12 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, Fairfield Lacrosse Incorporated reported income of $289k and spending of $306k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $303k to $289k (-4.7%), an average of -1.2% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fairfield Lacrosse Incorporated sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within CT. Charities of a similar size with the same main cause include American Southwest Conference ($289k), Fort Bend Texans Sports Association ($289k) and Olympia Area Rowing Association ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.