Fairbanks Panthers Athleticboosters

Analysis

Fairbanks Panthers Athleticboosters is a registered charity in United States, based in Milford Ctr, OH. It received its IRS tax-exemption ruling in October 2007, 19 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 June 2024, Fairbanks Panthers Athleticboosters reported income of $280k and spending of $244k, spending 87% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $172k to $280k (+63%), an average of +63% a year. The sharpest change came in the year to June 2024, when income rose by 63%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fairbanks Panthers Athleticboosters sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Hamptons Collegiate Baseball League Inc ($280k), Plumb Hill Playing Fields Inc ($280k) and The Oregon Sports Authority Foundation ($280k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.