Giddings Athletic Booster Club Inc

Analysis

Giddings Athletic Booster Club Inc is a registered charity in United States, based in Giddings, TX. It received its IRS tax-exemption ruling in May 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, Giddings Athletic Booster Club Inc reported income of $59k and spending of $58k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $39k to $59k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Giddings Athletic Booster Club Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within TX. Charities of a similar size with the same main cause include District 75 PTO ($59k), Friends of the Orcutt Library ($59k) and Clearcreek Elementary PTO ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 88% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.