LB Youth Football Inc

Analysis

LB Youth Football Inc is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in January 2023, 3 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, LB Youth Football Inc reported income of $83k and spending of $156k, spending 188% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $55k to $83k (+51%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, LB Youth Football Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Hcga Inc ($83k), Southern California Lacrosse Association ($83k) and Knoch Hockey Association ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $9,554 against liabilities of $0, net assets of $9,554.