Loper Athletic Club

Analysis

Loper Athletic Club is a registered charity in United States, based in Kearney, NE. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Loper Athletic Club reported income of $269k and spending of $178k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $120k to $269k (+124%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 122%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Loper Athletic Club sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NE. Charities of a similar size with the same main cause include Share Detroit Inc ($269k), Sirat Initiative ($269k) and Planters Operation Roundup Inc ($269k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% of the total. At year end it held assets of $660k against liabilities of $0, net assets of $660k.