Parkland Lacrosse Inc

Analysis

Parkland Lacrosse Inc is a registered charity in United States, based in Parkland, FL. It received its IRS tax-exemption ruling in June 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Parkland Lacrosse Inc reported income of $592k and spending of $667k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $267k to $592k (+122%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Parkland Lacrosse Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Needham Youth Hockey Association ($592k), Trust Uw Elmer a Sperry T 3012 ($593k) and Recreation Wish List Committee of Washington D C ($592k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $10k (1.5% of expenses). Other salaries and wages came to $136k. At year end it held assets of $8,842 against liabilities of $0, net assets of $8,842.