Carroll Medical Academy Boosters

Analysis

Carroll Medical Academy Boosters is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Carroll Medical Academy Boosters reported income of $65k and spending of $57k, spending 88% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $63k to $65k (+2.9%), an average of +2.9% a year. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carroll Medical Academy Boosters sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Kohl Educational Foundation ($65k), Society of Honorary Police Surgeons of the City of New York ($65k) and Highlands School Parent-Faculty Organization ($65k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 77% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.