South Lakes Booster Club

Analysis

South Lakes Booster Club is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in March 2008, 18 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 June 2024, South Lakes Booster Club reported income of $321k and spending of $287k, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $214k to $321k (+50%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 170%. 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, South Lakes Booster Club sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Syned ($321k), Missouri Association for College Admission Counseling Inc ($321k) and Potential Endeavors ($321k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. At year end it held assets of $150k against liabilities of $12k, net assets of $138k.