Oak Harbor Athletic Boosters Inc

Analysis

Oak Harbor Athletic Boosters Inc is a registered charity in United States, based in Oak Harbor, OH. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Oak Harbor Athletic Boosters Inc reported income of $166k and spending of $282k, spending 170% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $130k to $166k (+28%), an average of +8.5% a year. The sharpest change came in the year to May 2022, when income rose by 55%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Oak Harbor Athletic Boosters Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OH. Charities of a similar size with the same main cause include Rebuilding Together-Aa County Inc ($166k), Blytheville United Way ($166k) and Richardson Foundation Inc ($166k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 2.9% of the total. At year end it held assets of $267k against liabilities of $3,023, net assets of $264k.