Lake Erie Silver Dolphins Booster Club Inc

Analysis

Lake Erie Silver Dolphins Booster Club Inc is a registered charity in United States, based in Chesterland, OH. It received its IRS tax-exemption ruling in February 1991, 35 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 May 2023, Lake Erie Silver Dolphins Booster Club Inc reported income of $108k and spending of $85k, leaving 22% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income fell from $128k to $108k (-16%), an average of -4.2% a year. The sharpest change came in the year to May 2022, when income rose by 168%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Erie Silver Dolphins Booster Club Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OH. Charities of a similar size with the same main cause include PTA South Carolina Congress ($108k), Niagara Aerospace Museum ($108k) and Wells-Hussey Post 42 American Legion ($108k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 35% and program service revenue 22% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.