Panther Creek High School Athletic Booster Club

Analysis

Panther Creek High School Athletic Booster Club is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in December 2015, 11 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 May 2022, Panther Creek High School Athletic Booster Club reported income of $266k and spending of $228k, spending 86% of its income. Across the 4 years on record, from May 2019 to May 2022, income fell from $418k to $266k (-36%), an average of -14% a year. The sharpest change came in the year to May 2022, when income rose by 44%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Panther Creek High School Athletic Booster Club sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within NC. Charities of a similar size with the same main cause include Appraisal Institute Education and Relief Foundation ($266k), Bonner Springs-Edwardsville Education Foundation ($266k) and Wvma Educational Fund Inc ($266k).

On its Form 990 for the period ending May 2022, revenue came from contributions and grants 20% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.