Mustang Athletic Boosters Assoc

Analysis

Mustang Athletic Boosters Assoc is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in March 2003, 23 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, Mustang Athletic Boosters Assoc reported income of $80k and spending of $77k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $68k to $80k (+18%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mustang Athletic Boosters Assoc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within VA. Charities of a similar size with the same main cause include PTA Texas Congress ($80k), Lake Murray Elementary School PTO ($80k) and West Edmonds Cooperative Preschool ($80k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 25% of the total. At year end it held assets of $148k against liabilities of $0, net assets of $148k.