Friends of Lake Orion Lacrosse
Analysis
Friends of Lake Orion Lacrosse is a registered charity in United States, based in Lake Orion, MI. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Friends of Lake Orion Lacrosse reported income of $51k and spending of $53k, spending 104% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $14k to $51k (+274%), an average of +93% a year. The sharpest change came in the year to June 2024, when income rose by 122%. Over the whole period it spent 204% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Friends of Lake Orion Lacrosse sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within MI. Charities of a similar size with the same main cause include Empowered Girls ($51k), Mexican American Golf Association Harris County Chapter ($51k) and Glens Falls Rotary Club Foundation Inc ($51k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 5.6% and program service revenue 79% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 5.6%
- Program services 79%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Empowered Girls | Orlando | $51k |
| Mexican American Golf Association Harris County Chapter | Stafford | $51k |
| Glens Falls Rotary Club Foundation Inc | Glens Falls | $51k |
| Laurel Highlands Academic Foundation | Uniontown | $51k |