Lexington Athletic Booster Club

Analysis

Lexington Athletic Booster Club is a registered charity in United States, based in Lexington, OH. It received its IRS tax-exemption ruling in August 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 August 2023, Lexington Athletic Booster Club reported income of $110k and spending of $44k, leaving 60% of income unspent that year. Across the 3 years on record, from August 2019 to August 2023, income fell from $238k to $110k (-54%), an average of -32% a year. The sharpest change came in the year to August 2023, when income rose by 99%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lexington Athletic 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 39th percentile, and in the 40th percentile within OH. Charities of a similar size with the same main cause include Credit Unions Building Financial Independence Inc ($110k), Little League Baseball Inc ($110k) and Maquoketa Community Services Inc ($110k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.