Asheville Empire Lacrosse

Analysis

Asheville Empire Lacrosse is a registered charity in United States, based in Fletcher, NC. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Asheville Empire Lacrosse reported income of $85k and spending of $94k, spending 111% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $89k to $85k (-4.2%), an average of -4.2% a year. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Asheville Empire Lacrosse sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within NC. Charities of a similar size with the same main cause include Irondale Baseball League ($85k), Can Am Crown ($85k) and Charity at Its Best ($85k).

On its Form 990-EZ for the period ending July 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $18k against liabilities of $771, net assets of $17k.