Lobo Football Booster Club Inc

Analysis

Lobo Football Booster Club Inc is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in April 2011, 15 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 May 2024, Lobo Football Booster Club Inc reported income of $275k and spending of $257k, spending 94% of its income. Across the 5 years on record, from May 2020 to May 2024, income fell from $296k to $275k (-7.2%), an average of -1.8% a year. The sharpest change came in the year to May 2023, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lobo Football Booster Club Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include East Orlando Knights Futbol Club Inc ($275k), Lanier Canoe & Kayak Club ($275k) and Wichita Futbol Club ($275k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 7.1% and program service revenue 88% of the total. At year end it held assets of $171k against liabilities of $0, net assets of $171k.