Lady Falcons Elite Hoops

Analysis

Lady Falcons Elite Hoops is a registered charity in United States, based in Levittown, PA. It received its IRS tax-exemption ruling in August 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 March 2024, Lady Falcons Elite Hoops reported income of $142k and spending of $148k, spending 104% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $138k to $142k (+3.2%), an average of +3.2% a year. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lady Falcons Elite Hoops sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Center Ice Club Inc ($142k), Midland Camping Council ($142k) and Titans Fastpitch Inc ($142k).

On its Form 990-EZ for the period ending March 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.