Tampa Bay Junior Lightning Inc

Analysis

Tampa Bay Junior Lightning Inc is a registered charity in United States, based in Oldsmar, FL. It received its IRS tax-exemption ruling in April 1989, 37 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 April 2024, Tampa Bay Junior Lightning Inc reported income of $942k and spending of $877k, spending 93% of its income. Across the 6 years on record, from April 2019 to April 2024, income grew from $275k to $942k (+243%), an average of +28% a year. The sharpest change came in the year to April 2022, when income rose by 81%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tampa Bay Junior Lightning Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Buchanan Valley Volunteer Fire Dept Inc ($942k), Community Day Care Learning Center Inc ($942k) and Atwater Park Center ($941k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. At year end it held assets of $394k against liabilities of $0, net assets of $394k.