Lake Castle Parents Club- Madisonville

Analysis

Lake Castle Parents Club- Madisonville is a registered charity in United States, based in Madisonville, LA. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Lake Castle Parents Club- Madisonville reported income of $153k and spending of $255k, spending 167% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $122k to $153k (+26%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Castle Parents Club- Madisonville sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within LA. Charities of a similar size with the same main cause include Phillipsburg Garnet Booster Club Foundation ($153k), Leap Inc ($153k) and Robert W Traip Trust ($153k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.0% and program service revenue 5.1% of the total. At year end it held assets of $235k against liabilities of $0, net assets of $235k.