Arcanum Athletic Boosters Inc

Analysis

Arcanum Athletic Boosters Inc is a registered charity in United States, based in Arcanum, OH. It received its IRS tax-exemption ruling in January 1998, 28 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, Arcanum Athletic Boosters Inc reported income of $60k and spending of $62k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $82k to $60k (-26%), an average of -9.7% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arcanum Athletic Boosters Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include Immaculate Conception High School Alumnae Association Florida Inc ($60k), Columbia City Band Booster Club ($60k) and Mves PTO Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.