Prospect Knights Athletic Booster Club

Analysis

Prospect Knights Athletic Booster Club is a registered charity in United States, based in Mt Prospect, IL. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Prospect Knights Athletic Booster Club reported income of $66k and spending of $68k, spending 103% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $57k to $66k (+15%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 15%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Prospect Knights Athletic Booster Club sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within IL. Charities of a similar size with the same main cause include Parent Booster USA Inc ($66k), Parent Booster USA Inc ($66k) and Friends of the Texas A&m University Libraries ($66k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.