Lake Forest Little League

Analysis

Lake Forest Little League is a registered charity in United States, based in Lake Forest, CA. It received its IRS tax-exemption ruling in October 1980, 46 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 September 2023, Lake Forest Little League reported income of $282k and spending of $241k, spending 86% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $286k to $282k (-1.4%), an average of -1.4% a year. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Forest Little League sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Kewanee Health & Fitness Inc ($281k), Northbrook Girls Softball Association ($282k) and Greater Grand Forks Fair & Exhibition Association Inc ($281k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 75% of the total. At year end it held assets of $289k against liabilities of $0, net assets of $289k.