Lake Highlands Girls Classic League

Analysis

Lake Highlands Girls Classic League is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 1998, 28 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 Highlands Girls Classic League reported income of $742k and spending of $430k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $926k to $742k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Highlands Girls Classic League sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Camp Kanesatake ($742k), Lincoln Youth Soccer ($742k) and Mississippi Association of Coaches ($742k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $150k (35% of expenses). At year end it held assets of $2.7m against liabilities of $276k, net assets of $2.4m.