Clearwater Youth Lacrosse Inc

Analysis

Clearwater Youth Lacrosse Inc is a registered charity in United States, based in Palm Harbor, FL. It received its IRS tax-exemption ruling in July 2002, 24 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, Clearwater Youth Lacrosse Inc reported income of $78k and spending of $78k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $78k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Clearwater Youth Lacrosse 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 30th percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Red Hills Horse Trials Inc ($78k), River Town Racers ($78k) and Port Neches Groves Softball League Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3,331 against liabilities of $0, net assets of $3,331.