Space Coast Elite Lacrosse Inc

Analysis

Space Coast Elite Lacrosse Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in May 2016, 10 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, Space Coast Elite Lacrosse Inc reported income of $63k and spending of $57k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $63k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Space Coast Elite Lacrosse Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Minnetonka High School Girls Hockey ($63k), Conrad Weiser Tennis Association ($63k) and Special Hockey of the Lehigh Valley ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.