Westlake Demons Athletic Boosters

Analysis

Westlake Demons Athletic Boosters is a registered charity in United States, based in Westlake, OH. It received its IRS tax-exemption ruling in July 1976, 50 years ago. 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, Westlake Demons Athletic Boosters reported income of $64k and spending of $95k, spending 149% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $81k to $64k (-22%), an average of -22% a year. The sharpest change came in the year to June 2024, when income dropped by 22%. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westlake Demons Athletic Boosters sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($64k), Coach Kacie Memorial Foundation ($64k) and Grafton Community Scholarship Fund Inc ($64k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.6% and program service revenue 18% of the total. At year end it held assets of $229k against liabilities of $102k, net assets of $127k.