Panther Paws Booster Club

Analysis

Panther Paws Booster Club is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in May 2009, 17 years ago. 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 May 2023, Panther Paws Booster Club reported income of $139k and spending of $148k, spending 106% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $275k to $139k (-49%), an average of -20% a year. The sharpest change came in the year to May 2022, when income rose by 869%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Panther Paws Booster Club sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Clearfield Swimming Pool Association Inc ($139k), Pathfinders Education Foundation Incorporated ($139k) and The Fernandina Beach High School Foundation Inc ($139k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 2.8% and program service revenue 28% of the total. At year end it held assets of $115k against liabilities of $14k, net assets of $101k.