Lakeville South Cougar Booster Club

Analysis

Lakeville South Cougar Booster Club is a registered charity in United States, based in Lakeville, MN. It received its IRS tax-exemption ruling in June 2011, 15 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, Lakeville South Cougar Booster Club reported income of $621k and spending of $672k, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $411k to $621k (+51%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeville South Cougar Booster Club sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Mohave County Community College Foundation Inc ($621k), Penn Praxis Inc ($621k) and Northbay Christian Academy Inc ($621k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 49% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $7,500 (1.1% of expenses). At year end it held assets of $835k against liabilities of $0, net assets of $835k.