Purple and Gold Club of Lakestevens High School NFP

Analysis

Purple and Gold Club of Lakestevens High School NFP is a registered charity in United States, based in Lake Stevens, WA. It received its IRS tax-exemption ruling in October 2006, 20 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 December 2023, Purple and Gold Club of Lakestevens High School NFP reported income of $410k and spending of $416k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $406k to $410k (+0.8%), an average of +0.2% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Purple and Gold Club of Lakestevens High School NFP sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within WA. Charities of a similar size with the same main cause include Cypresswoods Crimson Cadettesbooster Club ($409k), Aamva Region IV Inc ($410k) and University of Bristol Foundation Inc ($409k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $260k against liabilities of $0, net assets of $260k.