Lenny Schelin Jr Memorial Tournament Inc

Analysis

Lenny Schelin Jr Memorial Tournament Inc is a registered charity in United States, based in Fort Pierce, FL. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Lenny Schelin Jr Memorial Tournament Inc reported income of $63k and spending of $72k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $21k to $63k (+200%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 167%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lenny Schelin Jr Memorial Tournament Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Life of Freedom Ministries Inc ($63k), Victoria Home ($63k) and Solutions Over Sickness Inc ($63k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $9,058 against liabilities of $0, net assets of $9,058.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.