Akron-Westfield Athletic Booster Club

Analysis

Akron-Westfield Athletic Booster Club is a registered charity in United States, based in Akron, IA. It received its IRS tax-exemption ruling in May 2010, 16 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 July 2023, Akron-Westfield Athletic Booster Club reported income of $179k and spending of $39k, leaving 78% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $80k to $179k (+125%), an average of +125% a year. The sharpest change came in the year to July 2023, when income rose by 125%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Akron-Westfield Athletic Booster Club sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within IA. Charities of a similar size with the same main cause include Union City Education Foundation Inc ($179k), Lake Geneva Country Club Foundation Inc ($179k) and Savannah Classical Academy Foundation Inc ($179k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 58% and program service revenue 14% of the total. At year end it held assets of $229k against liabilities of $0, net assets of $229k.