Seven Lakes High School Sapphires Booster Club

Analysis

Seven Lakes High School Sapphires Booster Club is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Seven Lakes High School Sapphires Booster Club reported income of $78k and spending of $102k, spending 132% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $206k to $78k (-62%), an average of -22% a year. The sharpest change came in the year to May 2021, when income dropped by 65%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seven Lakes High School Sapphires Booster Club sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Parent Teacher Organization of Blue Ridge ($78k), St Clair County Athletic Boosters Club ($78k) and Minnesota Wrestling Coaches Association ($78k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 47% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.