John T Hoggard Athletic Booster Club

Analysis

John T Hoggard Athletic Booster Club is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2023, John T Hoggard Athletic Booster Club reported income of $375k and spending of $573k, spending 153% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $254k to $375k (+48%), an average of +48% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 122% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, John T Hoggard Athletic Booster Club sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Southern Swing Volleyball Association Inc ($375k), Carrington Crossroads Golf Center ($375k) and Fairfield County Interscholastic Athletic Conference Inc ($375k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.4% of the total. At year end it held assets of $215k against liabilities of $267k, net assets of -$52k.