The Spotswood Athletic Boosters Club

Analysis

The Spotswood Athletic Boosters Club is a registered charity in United States, based in Penn Laird, VA. It received its IRS tax-exemption ruling in December 1981, 45 years ago. 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 July 2024, The Spotswood Athletic Boosters Club reported income of $60k and spending of $55k, spending 92% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $50k to $60k (+19%), an average of +19% a year. The sharpest change came in the year to July 2024, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Spotswood Athletic Boosters Club sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within VA. Charities of a similar size with the same main cause include Cherry Creek School Distric Parent Teacher Community Council Inc ($60k), Greater Sitka Arts Council Inc ($60k) and Multnomah Playschool ($60k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 5.0% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.