Forest High School Athletic Boosters Inc

Analysis

Forest High School Athletic Boosters Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in August 2013, 13 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 2023, Forest High School Athletic Boosters Inc reported income of $484k and spending of $523k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $295k to $484k (+64%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Forest High School Athletic Boosters Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include New Direction Services Inc ($483k), International Alliance for Christian Education NFP ($484k) and Newport Harbor Athletic Foundation ($483k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 38% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.