Midland Valley Athletic Booster Club

Analysis

Midland Valley Athletic Booster Club is a registered charity in United States, based in Clearwater, SC. It received its IRS tax-exemption ruling in October 2021, 5 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, Midland Valley Athletic Booster Club reported income of $124k and spending of $115k, spending 93% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $82k to $124k (+51%), an average of +51% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Midland Valley Athletic Booster Club sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within SC. Charities of a similar size with the same main cause include Ballroom of Reno ($124k), Northwest Aquatics League Inc ($124k) and Marysville Jr Indians Youth Football & Cheer ($124k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.