Silver Hawks Booster Club

Analysis

Silver Hawks Booster Club is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Silver Hawks Booster Club reported income of $161k and spending of $210k, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $483k to $161k (-67%), an average of -24% a year. The sharpest change came in the year to June 2021, when income dropped by 59%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Silver Hawks Booster Club sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NE. Charities of a similar size with the same main cause include Village Nursery School ($161k), Virginia Interscholastic Athleticadministrators Association Viaaa ($161k) and Bais Midrash of Beitar Inc ($161k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.

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.