Hickory High School Boosters Club Inc

Analysis

Hickory High School Boosters Club Inc is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in September 1981, 45 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 2024, Hickory High School Boosters Club Inc reported income of $181k and spending of $168k, spending 93% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $312k to $181k (-42%), an average of -24% a year. The sharpest change came in the year to June 2023, when income dropped by 51%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hickory High School Boosters Club Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Fox Cities United Soccer Club of Wisconsin Inc ($181k), Little Cyclone Baseball Inc ($181k) and Mutual Assistance Association for the Ethiopian Community Inc ($181k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.