Midway Booster Club

Analysis

Midway Booster Club is a registered charity in United States, based in Hewitt, TX. It received its IRS tax-exemption ruling in March 2012, 14 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, Midway Booster Club reported income of $221k and spending of $239k, spending 108% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $179k to $221k (+24%), an average of +5.5% a year. The sharpest change came in the year to May 2022, when income rose by 56%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Midway Booster Club sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Blue Valley Band Stand Club Inc ($221k), Joshua 1 9 a Non Profit Organization ($221k) and Ucsb Alumni Association ($221k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.