Clear Lake Booster Club Inc

Analysis

Clear Lake Booster Club Inc is a registered charity in United States, based in Clear Lake, IA. It received its IRS tax-exemption ruling in December 1991, 35 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Clear Lake Booster Club Inc reported income of $105k and spending of $58k, leaving 45% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $68k to $105k (+54%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 40%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clear Lake Booster Club Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within IA. Charities of a similar size with the same main cause include PTA New Jersey Congress of Parents & Teachers ($105k), Baptist Women in Ministry North Carolina ($105k) and Earth Day Austin ($105k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 53% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.