Walton Soccer Booster Club Inc

Analysis

Walton Soccer Booster Club Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in April 2004, 22 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 2024, Walton Soccer Booster Club Inc reported income of $134k and spending of $137k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $72k to $134k (+85%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Walton Soccer Booster Club Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within GA. Charities of a similar size with the same main cause include Friends Of@jackson Park ($134k), Victor Cheerleading Boosters Association Inc ($134k) and Lompoc Little League Inc ($134k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.9% and program service revenue 77% of the total. At year end it held assets of $111k against liabilities of $2,074, net assets of $109k.

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.