Lake Ridge High School Athletic Booster Club

Analysis

Lake Ridge High School Athletic Booster Club is a registered charity in United States, based in Mansfield, TX. It received its IRS tax-exemption ruling in December 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 May 2024, Lake Ridge High School Athletic Booster Club reported income of $709k and spending of $733k, spending 103% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $422k to $709k (+68%), an average of +14% a year. The sharpest change came in the year to May 2022, when income rose by 109%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Ridge High School Athletic Booster Club sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include The Center for Learner Equity Inc ($709k), Case Method Institute for Education and Democracy Inc ($709k) and Robocup Federation Inc ($709k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 5.9% and program service revenue 94% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.