Dripping Springs Athletic Booster Club

Analysis

Dripping Springs Athletic Booster Club is a registered charity in United States, based in Dripping SPGS, TX. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Dripping Springs Athletic Booster Club reported income of $874k and spending of $865k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $512k to $874k (+71%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dripping Springs Athletic Booster Club sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Midvale Community Building ($874k), Jackson County United Way Inc ($874k) and Lev Echad ($873k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 34% of the total. At year end it held assets of $415k against liabilities of $0, net assets of $415k.