Weatherford Booster Club Inc

Analysis

Weatherford Booster Club Inc is a registered charity in United States, based in Willow Park, TX. It received its IRS tax-exemption ruling in January 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Weatherford Booster Club Inc reported income of $229k and spending of $259k, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $241k to $229k (-5.1%), an average of -1.7% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Weatherford Booster Club Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Whitmer Athletic Club ($229k), The North Carolina Dressage and Combined Training Association ($229k) and Knights Templar Educational Foundation of the Grand Encampment ($229k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $327k against liabilities of $0, net assets of $327k.