Okemos Athletic Boosters Club Inc

Analysis

Okemos Athletic Boosters Club Inc is a registered charity in United States, based in Okemos, MI. It received its IRS tax-exemption ruling in June 1984, 42 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 June 2024, Okemos Athletic Boosters Club Inc reported income of $99k and spending of $58k, leaving 41% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $5,015 to $99k (+1882%), an average of +1882% a year. The sharpest change came in the year to June 2024, when income rose by 1882%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Okemos Athletic Boosters Club Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Long Creek Volunteer Fire Department Inc ($99k), International Christian Braille Mission Inc ($99k) and Wyrs Broadcasting a NJ Nonprofit Corporation ($99k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 59% of the total. At year end it held assets of $43k against liabilities of $443, net assets of $42k.