Summit Lacrosse Club

Analysis

Summit Lacrosse Club is a registered charity in United States, based in Summit, NJ. It received its IRS tax-exemption ruling in September 1998, 28 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 July 2024, Summit Lacrosse Club reported income of $191k and spending of $172k, spending 90% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $165k to $191k (+16%), an average of +16% a year. The sharpest change came in the year to July 2024, when income rose by 16%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Summit Lacrosse Club sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Port Angeles Baseball ($191k), Campbell Soccer Club Inc ($191k) and Bridle Trails Park Foundation ($191k).

At year end it held assets of $215k against liabilities of $0, net assets of $215k.