US Lacrosse Foundation Inc

Analysis

US Lacrosse Foundation Inc is a registered charity in United States, based in Sparks, MD. It received its IRS tax-exemption ruling in February 2000, 26 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 December 2023, US Lacrosse Foundation Inc reported income of $84k and spending of $775k, spending 918% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $306k to $84k (-72%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 53%. Over the whole period it spent 405% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, US Lacrosse Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within MD. Charities of a similar size with the same main cause include Montrose Marlins Inc ($84k), Nog Run Club ($84k) and Manteno Youth Soccer Association ($84k).

At year end it held assets of $18.2m against liabilities of $2.0m, net assets of $16.1m.

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.