Litchfield Unlimited Corporation

Analysis

Litchfield Unlimited Corporation is a registered charity in United States, based in Litchfield, IL. It received its IRS tax-exemption ruling in July 2019, 7 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 December 2023, Litchfield Unlimited Corporation reported income of $251k and spending of $98k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $604k to $251k (-59%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 105%. Over the whole period it spent 9.3% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Litchfield Unlimited Corporation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Maple Valley Pony Baseball Association ($251k), United States Saddle Seat Association Inc ($251k) and Gateway Sports & Pools Inc ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $80k in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.