Cane Bay High School Athletic Boosters

Analysis

Cane Bay High School Athletic Boosters is a registered charity in United States, based in Summerville, SC. It received its IRS tax-exemption ruling in May 2014, 12 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 July 2023, Cane Bay High School Athletic Boosters reported income of $282k and spending of $231k, spending 82% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $215k to $282k (+31%), an average of +31% a year. The sharpest change came in the year to July 2023, when income rose by 31%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cane Bay High School Athletic Boosters sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within SC. Charities of a similar size with the same main cause include The Pelham Education Foundation Inc ($282k), Bengal Brigade & Cheerleader Booster Club of Katy High School ($282k) and Association for Federal Information Resources Management ($281k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 2.7% and program service revenue 97% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.