Lakeside High School Athletic Boosters Incorporated

Analysis

Lakeside High School Athletic Boosters Incorporated is a registered charity in United States, based in Ashtabula, OH. It received its IRS tax-exemption ruling in December 1984, 42 years ago. 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 March 2024, Lakeside High School Athletic Boosters Incorporated reported income of $61k and spending of $59k, spending 97% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $44k to $61k (+37%), an average of +37% a year. The sharpest change came in the year to March 2024, when income rose by 37%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lakeside High School Athletic Boosters Incorporated sits at the 24th percentile: it is larger than about 24% 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 Julius Edgar Lilienfeld Trust Fbo American Physical Society ($61k), Friends of the Heralds NFP ($61k) and Angel Beginnings Christian Learning Center Inc ($61k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 6.4% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.