Lake Air Little League Park Inc

Analysis

Lake Air Little League Park Inc is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in March 2015, 11 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, Lake Air Little League Park Inc reported income of $89k and spending of $92k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $89k (+4.6%), an average of +4.6% a year. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Air Little League Park Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Sherwood Youth Football Association ($89k), Heronettes Parents Assoc ($90k) and Robert W Johnson Community Center Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $167 against liabilities of $0, net assets of $167.