Beverly Lacrosse Boosters Association

Analysis

Beverly Lacrosse Boosters Association is a registered charity in United States, based in Beverly, MA. 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, Beverly Lacrosse Boosters Association reported income of $110k and spending of $98k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $110k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Beverly Lacrosse Boosters Association sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include Geneva Foxes Fastpitch Softball Inc ($110k), Williamston Soccer Club ($110k) and Amarillo Thunder Baseball Club ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 2.3% of the total. At year end it held assets of $65k against liabilities of $600, net assets of $64k.