Spencerville Athletic Boosters

Analysis

Spencerville Athletic Boosters is a registered charity in United States, based in Spencerville, OH. It received its IRS tax-exemption ruling in February 2014, 12 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, Spencerville Athletic Boosters reported income of $73k and spending of $110k, spending 150% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $112k to $73k (-35%), an average of -19% a year. The sharpest change came in the year to June 2023, when income dropped by 100%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Spencerville Athletic Boosters sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include BSA Recreational Soccer ($73k), Brewster FC Inc ($73k) and Lindenwald Baseball Inc ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 20% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.