Lauras Garden

Analysis

Lauras Garden is a registered charity in United States, based in Wethersfield, CT. It received its IRS tax-exemption ruling in April 2022, 4 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, Lauras Garden reported income of $178k and spending of $251k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $154k to $178k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lauras Garden sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within CT. Charities of a similar size with the same main cause include VHS Music Boosters Inc ($177k), Valley Community Center Joint Powers Board ($178k) and Pekin Park Foundation ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $6,071 against liabilities of $0, net assets of $6,071.