Riverheads Athletic Booster Club

Analysis

Riverheads Athletic Booster Club is a registered charity in United States, based in Mint Spring, VA. It received its IRS tax-exemption ruling in November 2006, 20 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Riverheads Athletic Booster Club reported income of $129k and spending of $109k, spending 85% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $117k to $129k (+9.9%), an average of +9.9% a year. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Riverheads Athletic Booster Club sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within VA. Charities of a similar size with the same main cause include Turkey Valley Trap Shooting Team ($129k), Bowery Premier Inc ($129k) and New England Collegiate Baseball League Inc ($129k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.