Weddington Athletic Booster Club

Analysis

Weddington Athletic Booster Club is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2022, Weddington Athletic Booster Club reported income of $229k and spending of $172k, leaving 25% of income unspent that year. Across the 3 years on record, from May 2020 to May 2022, income grew from $169k to $229k (+35%), an average of +16% a year. The sharpest change came in the year to May 2022, when income rose by 148%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Weddington Athletic Booster Club sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Jackson Elementary School Parent Teacher Organization ($229k), Friends of the Snow Library Inc ($229k) and Michigan Leagues of Academic Games ($229k).

On its Form 990 for the period ending May 2022, revenue came from contributions and grants 7.1% of the total. At year end it held assets of $189k against liabilities of $136k, net assets of $53k.