Chatham Athletic Booster Club

Analysis

Chatham Athletic Booster Club is a registered charity in United States, based in Chatham, NJ. It received its IRS tax-exemption ruling in March 2006, 20 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 June 2023, Chatham Athletic Booster Club reported income of $68k and spending of $77k, spending 113% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $109k to $68k (-37%), an average of -37% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chatham Athletic Booster Club sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Camp Hill Soccer Club Inc ($68k), Developing Communties Incorporated ($68k) and New Mexico Youth Tennis Foundation ($68k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 21% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.