Lakewood Jr Spartans Youth Association Inc

Analysis

Lakewood Jr Spartans Youth Association Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in June 1984, 42 years ago. 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, Lakewood Jr Spartans Youth Association Inc reported income of $97k and spending of $107k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $173k to $97k (-44%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lakewood Jr Spartans Youth Association Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Flying for Jesus ($97k), Black River Valley Senior Center ($97k) and Road Runners Club of America ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 46% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.