Waco Athletic Booster Club

Analysis

Waco Athletic Booster Club is a registered charity in United States, based in Wayland, IA. It received its IRS tax-exemption ruling in May 2010, 16 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 2023, Waco Athletic Booster Club reported income of $93k and spending of $82k, spending 87% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $70k to $93k (+33%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Waco Athletic Booster Club sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within IA. Charities of a similar size with the same main cause include Blue-Gray National Collegiate Tennis Classic Inc ($93k), East Robertson Quarterback Club ($93k) and Tri-Valley Baseball ($93k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.