SL Touchdown Club Inc

Analysis

SL Touchdown Club Inc is a registered charity in United States, based in London, KY. It received its IRS tax-exemption ruling in June 2021, 5 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, SL Touchdown Club Inc reported income of $71k and spending of $94k, spending 133% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $110k to $71k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 126% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, SL Touchdown Club Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within KY. Charities of a similar size with the same main cause include Munster Youth Basketball Inc ($71k), Wybc Inc ($71k) and Framingham Youth Lacrosse Program ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $22k, net assets of -$12k.