Fort Recovery Athletic Boosters Inc

Analysis

Fort Recovery Athletic Boosters Inc is a registered charity in United States, based in Fort Recovery, OH. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Fort Recovery Athletic Boosters Inc reported income of $138k and spending of $378k, spending 275% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $158k to $138k (-13%), an average of -3.3% a year. The sharpest change came in the year to June 2023, when income rose by 143%. Over the whole period it spent 60% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fort Recovery Athletic Boosters Inc 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 45th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include Montour Hockey Association Inc ($138k), Old Dominion Football Club ($138k) and Sonoma Valley Health & Recreation Association ($138k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.5% and program service revenue 163% of the total. At year end it held assets of $2.5m against liabilities of $597k, net assets of $1.9m.