Carroll Athletic Booster Club

Analysis

Carroll Athletic Booster Club is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in January 1993, 33 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 June 2023, Carroll Athletic Booster Club reported income of $515k and spending of $547k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $660k to $515k (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Carroll Athletic Booster Club sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Lucky Bikes ($515k), Northern Steel Select Soccer Inc ($515k) and Appalachian Athletic Conference ($515k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 111% of the total. At year end it held assets of $113k against liabilities of $13k, net assets of $100k.