Atlantic Schools Booster Club

Analysis

Atlantic Schools Booster Club is a registered charity in United States, based in Atlantic, IA. It received its IRS tax-exemption ruling in February 2017, 9 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, Atlantic Schools Booster Club reported income of $217k and spending of $201k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2024, income fell from $294k to $217k (-26%), an average of -9.7% a year. The sharpest change came in the year to June 2024, when income rose by 39%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Atlantic Schools Booster Club sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within IA. Charities of a similar size with the same main cause include The Foundation at PCK ($217k), McLennan County Pack of Hope ($217k) and Fun and Games Duplicate Bridge Club ($217k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 38% and program service revenue 61% of the total. At year end it held assets of $93k against liabilities of $863, net assets of $92k.