Lone Oak Community Civic League

Analysis

Lone Oak Community Civic League is a registered charity in United States, based in Signal MTN, TN. It received its IRS tax-exemption ruling in March 1991, 35 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lone Oak Community Civic League reported income of $107k and spending of $100k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $107k (-13%), an average of -13% a year. Over the whole period it spent 58% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lone Oak Community Civic League sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within TN. Charities of a similar size with the same main cause include World Class Accessibility Foundation ($107k), Greater Knoxville Area Interclub Swimming Association Inc ($108k) and Northern Warren Trailblazers Snowmobile Club Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $374k against liabilities of $1,696, net assets of $372k.