Lake Dallas All Sports Booster Club

Analysis

Lake Dallas All Sports Booster Club is a registered charity in United States, based in Corinth, TX. It received its IRS tax-exemption ruling in April 2017, 9 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, Lake Dallas All Sports Booster Club reported income of $387k and spending of $367k, spending 95% of its income. Across the 3 years on record, from July 2021 to July 2023, income grew from $298k to $387k (+30%), an average of +14% a year. The sharpest change came in the year to July 2022, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Dallas All Sports Booster Club sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Wind in the Willows Early Learning Center Inc ($387k), A 1 Learning Connections ($387k) and Foundation for Religious Literacy ($387k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 3.1% and program service revenue 71% of the total. At year end it held assets of $218k against liabilities of $0, net assets of $218k.