Loveland Athletic Boosters Inc

Analysis

Loveland Athletic Boosters Inc is a registered charity in United States, based in Loveland, OH. It received its IRS tax-exemption ruling in July 2003, 23 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 December 2023, Loveland Athletic Boosters Inc reported income of $213k and spending of $197k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $436k to $213k (-51%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 52%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Loveland Athletic Boosters Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Fenton Free Library Association ($213k), People Who Care ($213k) and Reclaim ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 16% of the total. At year end it held assets of $130k against liabilities of $6,946, net assets of $123k.