Lakewood Athletic Boosters Club

Analysis

Lakewood Athletic Boosters Club is a registered charity in United States, based in Hebron, OH. It received its IRS tax-exemption ruling in June 2013, 13 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 December 2023, Lakewood Athletic Boosters Club reported income of $230k and spending of $190k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $230k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lakewood Athletic Boosters Club sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Capital Volleyball Club ($230k), Little Miami Youh Soccer Association Inc ($230k) and Women Golfers Giveback ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% of the total. At year end it held assets of $104k against liabilities of $12k, net assets of $92k.