Klein Lacrosse Club

Analysis

Klein Lacrosse Club is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2022, Klein Lacrosse Club reported income of $165k and spending of $184k, spending 111% of what it took in. Across the 4 years on record, from August 2019 to August 2022, income fell from $201k to $165k (-17%), an average of -6.2% a year. The sharpest change came in the year to August 2020, when income dropped by 34%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Klein Lacrosse Club sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include First in Upper Midwest Inc ($165k), Sedgwick County Youth Livestock Foundation Inc ($165k) and No Excuses College Tours and Programs ($165k).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 73% of the total. Other salaries and wages came to $75k. At year end it held assets of $153k against liabilities of $69k, net assets of $84k.