Red and Black Booster Club

Analysis

Red and Black Booster Club is a registered charity in United States, based in Franklin, PA. It received its IRS tax-exemption ruling in June 1993, 33 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Red and Black Booster Club reported income of $112k and spending of $136k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $114k to $112k (-2.0%), an average of -0.5% a year. The sharpest change came in the year to December 2022, when income rose by 168%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Red and Black Booster Club sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Lions Youth Softball ($112k), Highland Quarterback Club Inc ($112k) and Thunder Youth Football ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.