Sapphires Booster Club

Analysis

Sapphires Booster Club is a registered charity in United States, based in Haslet, TX. It received its IRS tax-exemption ruling in August 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 June 2024, Sapphires Booster Club reported income of $97k and spending of $121k, spending 125% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $106k to $97k (-8.5%), an average of -4.4% a year. The sharpest change came in the year to June 2024, when income dropped by 25%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sapphires Booster Club sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include St Michael-Albertville Graduation Party Association ($97k), Isojiro Oka Parent Teachers Organization ($97k) and Gwendolyn Brooks Middle School Parent-Teacher Organization JDP ($97k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 32% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.