Carthage Athletic Boosters Club

Analysis

Carthage Athletic Boosters Club is a registered charity in United States, based in Carthage, TX. It received its IRS tax-exemption ruling in July 2016, 10 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, Carthage Athletic Boosters Club reported income of $144k and spending of $112k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $144k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carthage Athletic Boosters Club sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Marriotts Ridge High School Boosters Club Incorporated ($144k), University Center at Ponca City Foundation Inc ($145k) and Virginia School Plant Management Association Inc ($144k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $136k against liabilities of $0, net assets of $136k.