Ithaca Lacrosse Club

Analysis

Ithaca Lacrosse Club is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in August 2018, 8 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, Ithaca Lacrosse Club reported income of $64k and spending of $60k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $64k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ithaca Lacrosse Club sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Future Foxes Football ($64k), Next Basketball Foundation ($64k) and American Youth Football Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 96% of the total. At year end it held assets of $15k against liabilities of $2,004, net assets of $13k.