West Forsyth Athletic Booster Club Inc
Analysis
West Forsyth Athletic Booster Club Inc is a registered charity in United States, based in Clemmons, NC. It received its IRS tax-exemption ruling in April 1986, 40 years ago. 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 December 2023, West Forsyth Athletic Booster Club Inc reported income of $132k and spending of $149k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $132k (+17%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 90% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Forsyth Athletic Booster Club Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include Word Ministries Inc ($132k), Little League Baseball Inc ($132k) and Valley Charities Inc ($132k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.
Income and spending
Where the income comes from
- Contributions & grants 62%
- Other 38%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Word Ministries Inc | Good Hope | $132k |
| Little League Baseball Inc | Petaluma | $132k |
| Valley Charities Inc | Emerson | $132k |
| Belleville Christian School | Belleville | $132k |