Doubletake Star Boosters Inc

Analysis

Doubletake Star Boosters Inc is a registered charity in United States, based in Hurst, TX. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Doubletake Star Boosters Inc reported income of $144k and spending of $164k, spending 114% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $251k to $144k (-42%), an average of -24% a year. The sharpest change came in the year to June 2024, when income dropped by 45%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Doubletake Star Boosters Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Nordic Fest Inc ($144k), Orr Street Artists Guild ($144k) and Vieux Carre Commission Foundation ($144k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,254 against liabilities of $0, net assets of $8,254.