Olympic High School Athleticbooster Club

Analysis

Olympic High School Athleticbooster Club is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Olympic High School Athleticbooster Club reported income of $170k and spending of $176k, spending 104% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $119k to $170k (+42%), an average of +42% a year. The sharpest change came in the year to June 2024, when income rose by 42%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Olympic High School Athleticbooster Club sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Cookeville Cosmetology School Inc ($170k), Falcon Gridiron Club ($170k) and Telluride Chamber Music Association ($170k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 71% of the total. At year end it held assets of $9,885 against liabilities of $0, net assets of $9,885.