Gateway Stars Booster Club

Analysis

Gateway Stars Booster Club is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Gateway Stars Booster Club reported income of $60k and spending of $66k, spending 110% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income grew from $47k to $60k (+28%), an average of +28% a year. The sharpest change came in the year to May 2024, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gateway Stars Booster Club 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 24th percentile, and in the 24th percentile within TX. Charities of a similar size with the same main cause include Georgia Film Foundation Inc ($60k), Montana Art Gallery Directors Association ($60k) and Tidewater Scottish Rite Speech & Language Foundation Inc ($60k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 0.5% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.