Li Slammers

Analysis

Li Slammers is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2020, 6 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, Li Slammers reported income of $1.2m and spending of $1.2m, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $227k to $1.2m (+427%), an average of +74% a year. The sharpest change came in the year to December 2021, when income rose by 219%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Li Slammers sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Park Housing Development Fund Company Inc ($1.2m), Spokane Youth Sports Association ($1.2m) and Rappahannock Area YMCA Swim Team ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $264k against liabilities of $100, net assets of $264k.