Fuquay-Varina Bengal Athletic Booster Club Inc

Analysis

Fuquay-Varina Bengal Athletic Booster Club Inc is a registered charity in United States, based in Fuquay Varina, NC. It received its IRS tax-exemption ruling in September 2006, 20 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 May 2024, Fuquay-Varina Bengal Athletic Booster Club Inc reported income of $156k and spending of $137k, spending 88% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $143k to $156k (+9.1%), an average of +9.1% a year. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fuquay-Varina Bengal Athletic Booster Club Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Green & Gold 12th Man Club ($156k), Rec Plex Swim Team Parents Association Inc ($156k) and Aim Michigan ($156k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 47% and program service revenue 30% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.