Elgin Athletic Boosters Club

Analysis

Elgin Athletic Boosters Club is a registered charity in United States, based in Marion, OH. It received its IRS tax-exemption ruling in August 1986, 40 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 June 2024, Elgin Athletic Boosters Club reported income of $126k and spending of $136k, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $51k to $126k (+149%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 357%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elgin Athletic Boosters Club sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($126k), South Coast Lacrosse Academy Inc ($126k) and Cathedral Carmel Foundation ($126k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.