L a S B C Inc

Analysis

L a S B C Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in June 1993, 33 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 2022, L a S B C Inc reported income of $266k and spending of $4,836, leaving 98% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $171k to $266k (+55%), an average of +16% a year. The sharpest change came in the year to December 2020, when income dropped by 107%. Over the whole period it spent 4.5% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, L a S B C Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within LA. Charities of a similar size with the same main cause include Lynbrook East Rockaway Soccer Club Incorporated ($266k), White Pass Athletic Association ($266k) and Central Kentucky Hockey Association Inc ($266k).

At year end it held assets of $5.0m against liabilities of $0, net assets of $5.0m. It reported 44 employees.