Lake Washington Premier Football Club

Analysis

Lake Washington Premier Football Club is a registered charity in United States, based in Redmond, WA. It received its IRS tax-exemption ruling in May 2015, 11 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 May 2022, Lake Washington Premier Football Club reported income of $295k and spending of $216k, leaving 27% of income unspent that year. Across the 4 years on record, from May 2019 to May 2022, income grew from $231k to $295k (+27%), an average of +8.4% a year. The sharpest change came in the year to May 2022, when income rose by 70%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Washington Premier Football Club sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within WA. Charities of a similar size with the same main cause include Missouri Cheerleading Coaches Association ($295k), Scorpion Athletic Booster Club Inc ($295k) and Clovis Rockets Youth Softball ($295k).

On its Form 990 for the period ending May 2022, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $362k against liabilities of $0, net assets of $362k.