Smithfield Athletic Booster Club Inc

Analysis

Smithfield Athletic Booster Club Inc is a registered charity in United States, based in Smithfield, VA. It received its IRS tax-exemption ruling in February 2012, 14 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, Smithfield Athletic Booster Club Inc reported income of $68k and spending of $74k, spending 110% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $57k to $68k (+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 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Smithfield Athletic Booster Club Inc 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 27th percentile, and in the 26th percentile within VA. Charities of a similar size with the same main cause include Dumas North PTO ($68k), Dundee Elementary School Parent Teacher Organization ($68k) and Orchard Home & School Association Inc ($68k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.