Intercollegiate Womens Lacrosse Coaches Association Inc

Analysis

Intercollegiate Womens Lacrosse Coaches Association Inc is a registered charity in United States, based in Northborough, MA. It received its IRS tax-exemption ruling in January 1999, 27 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, Intercollegiate Womens Lacrosse Coaches Association Inc reported income of $2.5m and spending of $1.4m, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.5m (+145%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Intercollegiate Womens Lacrosse Coaches Association Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Legacy Connections ($2.5m), Crosscut Mountain Sports Center Inc ($2.5m) and St Peters Hockey Club ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $213k (15% of expenses). Other salaries and wages came to $139k. At year end it held assets of $4.6m against liabilities of $635k, net assets of $3.9m. It reported 3 employees.