Lake Band Booster Club

Analysis

Lake Band Booster Club is a registered charity in United States, based in Hartville, OH. It received its IRS tax-exemption ruling in February 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lake Band Booster Club reported income of $135k and spending of $113k, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $62k to $135k (+116%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 184%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lake Band Booster Club sits at the 39th percentile: it is larger than about 39% 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 Family Promise of Sarasota Inc ($135k), Bridge of Hope Ministries Inc ($135k) and Washington Indian Civil Rights Commission ($135k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 40% of the total. At year end it held assets of $172k against liabilities of $0, net assets of $172k.