Hastings Athletic Boosters Club

Analysis

Hastings Athletic Boosters Club is a registered charity in United States, based in Hastings, MI. It received its IRS tax-exemption ruling in January 1982, 44 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, Hastings Athletic Boosters Club reported income of $77k and spending of $101k, spending 131% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $76k to $77k (+2.1%), an average of +2.1% a year. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hastings Athletic Boosters Club sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within MI. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($77k), Association of Government Attorneys in Capital Litigation Inc ($77k) and American Legion 0138 Moore- Armstrong ($77k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.