Lady Lightning Gold Inc

Analysis

Lady Lightning Gold Inc is a registered charity in United States, based in Mocksville, NC. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Lady Lightning Gold Inc reported income of $561k and spending of $517k, spending 92% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $284k to $561k (+98%), an average of +98% a year. The sharpest change came in the year to August 2023, when income rose by 98%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lady Lightning Gold Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Global Health Committee Inc ($561k), Soccer Rhode Island Inc ($561k) and Sun Valley Junior Hockey Inc ($560k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.