Hallsvile Athletic Boosters

Analysis

Hallsvile Athletic Boosters is a registered charity in United States, based in Hallsville, MO. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Hallsvile Athletic Boosters reported income of $76k and spending of $111k, spending 146% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $76k (-35%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 74% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hallsvile Athletic Boosters sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MO. Charities of a similar size with the same main cause include First Builders Construction Inc ($76k), Saddle River Valley Lions Charities Inc ($76k) and Talent Chamber of Commerce ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.