Loch Raven Skeet & Trap Club Inc

Analysis

Loch Raven Skeet & Trap Club Inc is a registered charity in United States, based in Phoenix, MD. It received its IRS tax-exemption ruling in July 2006, 20 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 November 2023, Loch Raven Skeet & Trap Club Inc reported income of $331k and spending of $331k, spending 100% of its income. Across the 5 years on record, from November 2019 to November 2023, income fell from $339k to $331k (-2.4%), an average of -0.6% a year. The sharpest change came in the year to November 2022, when income dropped by 17%. 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, Loch Raven Skeet & Trap Club Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Hazlet Youth Athletic League Inc ($331k), Rugby Norcal Inc ($331k) and Santa Barbara Premier Water Polo ($331k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 10% and program service revenue 68% of the total. Other salaries and wages came to $103k. At year end it held assets of $149k against liabilities of $23k, net assets of $125k. It reported 6 employees.