Panther Athletic Booster Club

Analysis

Panther Athletic Booster Club is a registered charity in United States, based in Fayetteville, GA. It received its IRS tax-exemption ruling in November 1998, 28 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 May 2023, Panther Athletic Booster Club reported income of $751k and spending of $687k, spending 92% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $684k to $751k (+9.7%), an average of +2.4% a year. The sharpest change came in the year to May 2020, when income dropped by 26%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Panther Athletic Booster Club sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Marshalltown Christian School ($751k), Whiz Kids Tutoring Inc ($751k) and Elizabethtown Public Library ($751k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $583k against liabilities of $0, net assets of $583k.