Watauga High School Booster Club Inc

Analysis

Watauga High School Booster Club Inc is a registered charity in United States, based in Boone, NC. It received its IRS tax-exemption ruling in August 1988, 38 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, Watauga High School Booster Club Inc reported income of $50k and spending of $55k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $52k to $50k (-3.7%), an average of -3.7% a year. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Watauga High School Booster Club Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include Vestavia Hills Parent Teacher Organization Inc ($50k), Ohare Mechanics Assistance Program ($50k) and Cumberland Land Trust Inc ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.4% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.