Lords Gym Vancouver - USA

Analysis

Lords Gym Vancouver - USA is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in August 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 (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, Lords Gym Vancouver - USA reported income of $110k and spending of $198k, spending 180% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $241k to $110k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lords Gym Vancouver - USA sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within WA. Charities of a similar size with the same main cause include Brunswick Aquatic Club Inc ($110k), West Houston Aquatic League Inc ($110k) and Boulder Junction Shooting Range Inc ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Other salaries and wages came to $149k. At year end it held assets of $18k against liabilities of $5,789, net assets of $13k. It reported 24 employees.