No Limits Lacrosse Corporation

Analysis

No Limits Lacrosse Corporation is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in April 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, No Limits Lacrosse Corporation reported income of $139k and spending of $162k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $237k to $139k (-41%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, No Limits Lacrosse Corporation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Premiere Basketball Inc ($139k), Castle Chess Inc ($139k) and New England Youth Tackle Football ($139k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $79k (49% of expenses). At year end it held assets of $29k against liabilities of $0, net assets of $29k.