Ada Athletic Boosters Inc

Analysis

Ada Athletic Boosters Inc is a registered charity in United States, based in Ada, OH. It received its IRS tax-exemption ruling in February 2023, 3 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 May 2024, Ada Athletic Boosters Inc reported income of $119k and spending of $100k, spending 84% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $97k to $119k (+23%), an average of +23% a year. The sharpest change came in the year to May 2024, when income rose by 23%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ada Athletic Boosters Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Berkley Athletic Association Inc ($119k), Southern Wisconsin Figure Skating Club ($119k) and Team Elevation a NJ Nonprofit Corporation ($119k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 7.2% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.