Marvin Ridge Mavericks Athleticsbooster Club Inc

Analysis

Marvin Ridge Mavericks Athleticsbooster Club Inc is a registered charity in United States, based in Waxhaw, NC. It received its IRS tax-exemption ruling in November 2008, 18 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 May 2023, Marvin Ridge Mavericks Athleticsbooster Club Inc reported income of $732k and spending of $827k, spending 113% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $390k to $732k (+88%), an average of +17% a year. The sharpest change came in the year to May 2022, when income rose by 112%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marvin Ridge Mavericks Athleticsbooster Club Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Communities in Schools of Tacoma ($732k), The Vocational Nursing Institute Inc ($732k) and Harvard Club of Boston ($732k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 28% and program service revenue 44% of the total. At year end it held assets of $724k against liabilities of $578k, net assets of $145k.