Welcome Athletic Booster Association

Analysis

Welcome Athletic Booster Association is a registered charity in United States, based in Welcome, NC. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Welcome Athletic Booster Association reported income of $138k and spending of $104k, leaving 25% of income unspent that year. Across the 3 years on record, from August 2022 to August 2024, income grew from $94k to $138k (+46%), an average of +21% a year. The sharpest change came in the year to August 2024, when income rose by 24%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Welcome Athletic Booster Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include Automotive Womens Alliance Foundation ($138k), Wholesome Life International Inc ($138k) and Longmont High School Music Boosters ($138k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 2.3% and program service revenue 94% of the total. At year end it held assets of $182k against liabilities of $38k, net assets of $143k.