Auburn Football Lettermen Club Inc

Analysis

Auburn Football Lettermen Club Inc is a registered charity in United States, based in Auburn Univ, AL. It received its IRS tax-exemption ruling in May 1991, 35 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 December 2023, Auburn Football Lettermen Club Inc reported income of $85k and spending of $88k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $85k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Auburn Football Lettermen Club Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within AL. Charities of a similar size with the same main cause include Little League Baseball Inc ($85k), Rio Vista Ysa ($85k) and Southern Maryland Sailing Foundation Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 0.2% of the total. At year end it held assets of $56k against liabilities of $33k, net assets of $23k.