Smithsburg Athletic Booster Club

Analysis

Smithsburg Athletic Booster Club is a registered charity in United States, based in Smithsburg, MD. It received its IRS tax-exemption ruling in October 2017, 9 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, Smithsburg Athletic Booster Club reported income of $154k and spending of $437k, spending 284% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $228k to $154k (-32%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 154% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Smithsburg Athletic Booster Club sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MD. Charities of a similar size with the same main cause include Joining Hearts and Hands ($154k), Independent Reading Counseling Services Inc ($154k) and Warner Elementary PTO ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $104k against liabilities of $216k, net assets of -$112k.