Laker Athletic Booster Club Inc

Analysis

Laker Athletic Booster Club Inc is a registered charity in United States, based in Prior Lake, MN. 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, Laker Athletic Booster Club Inc reported income of $1.1m and spending of $1.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.1m (+0.4%), an average of +0.1% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Laker Athletic Booster Club Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include East Aurora Community Nursery Inc ($1.1m), Island School Foundation Inc ($1.1m) and Wongu University of Oriental Medicine ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $992k against liabilities of $296k, net assets of $696k.