Lake Forest High School Booster Club
Analysis
Lake Forest High School Booster Club is a registered charity in United States, based in Lake Forest, IL. It received its IRS tax-exemption ruling in May 1995, 31 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending July 2023, Lake Forest High School Booster Club reported income of $243k and spending of $161k, leaving 33% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $164k to $243k (+48%), an average of +10% a year. The sharpest change came in the year to July 2022, when income rose by 84%. Over the whole period it spent 72% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Forest High School Booster Club sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Excellence Thru Athletics Corp ($243k), Montana Post Secondary Educational Opportunities Committee Inc ($243k) and Streetwaves Inc ($242k).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $480k against liabilities of $74k, net assets of $406k.
Income and spending
Where the income comes from
- Contributions & grants 73%
- Other 27%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Excellence Thru Athletics Corp | Fresno | $243k |
| Montana Post Secondary Educational Opportunities Committee Inc | Missoula | $243k |
| Streetwaves Inc | Delray Beach | $242k |
| Broken Arrow Volleyball Club | Broken Arrow | $243k |