Springfield Local Athletic Boosters Inc

Analysis

Springfield Local Athletic Boosters Inc is a registered charity in United States, based in New Middletwn, OH. It received its IRS tax-exemption ruling in September 2015, 11 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 December 2023, Springfield Local Athletic Boosters Inc reported income of $181k and spending of $180k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $151k to $181k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Springfield Local Athletic Boosters Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include Delray Beach Youth Tennis Foundation Corporation ($181k), Tampa Bay Maritime Scholarship Foundation Inc ($181k) and Tri-City Band Corps ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 35% of the total. At year end it held assets of $183k against liabilities of $1,656, net assets of $181k.