Gallatin Valley Lacrosse

Analysis

Gallatin Valley Lacrosse is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in September 2007, 19 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, Gallatin Valley Lacrosse reported income of $242k and spending of $250k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $196k to $242k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gallatin Valley Lacrosse sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MT. Charities of a similar size with the same main cause include Ford County Fair Association ($242k), Community Center of Mendocino ($242k) and Union County Fair Association ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $5,030 (2.0% of expenses). Other salaries and wages came to $38k. At year end it held assets of $182k against liabilities of $78k, net assets of $104k. It reported 29 employees.