Husky Athletic Booster Club

Analysis

Husky Athletic Booster Club is a registered charity in United States, based in Wake Forest, NC. It received its IRS tax-exemption ruling in June 2021, 5 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, Husky Athletic Booster Club reported income of $333k and spending of $202k, leaving 39% of income unspent that year. Across the 6 years on record, from June 2018 to June 2024, income grew from $220k to $333k (+51%), an average of +8.6% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Husky Athletic Booster Club sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include California Creativity Association ($333k), The Challenger Learnng Center of Maine ($333k) and Reach Academy Inc ($333k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% of the total. At year end it held assets of $424k against liabilities of $0, net assets of $424k.