Solon Athletic Boosters

Analysis

Solon Athletic Boosters is a registered charity in United States, based in Solon, OH. It received its IRS tax-exemption ruling in January 1979, 47 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 June 2022, Solon Athletic Boosters reported income of $236k and spending of $202k, spending 86% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $113k to $236k (+109%), an average of +45% a year. The sharpest change came in the year to June 2022, when income rose by 373%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Solon Athletic Boosters sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include Full Circle Restorative Justice ($236k), Dream Catcher Therapy Center Inc ($236k) and San Diego High School Foundation Inc ($236k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 63% of the total. At year end it held assets of $103k against liabilities of $8,411, net assets of $95k.