Denison Athletic Booster Club Inc

Analysis

Denison Athletic Booster Club Inc is a registered charity in United States, based in Denison, TX. It received its IRS tax-exemption ruling in September 1998, 28 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 May 2023, Denison Athletic Booster Club Inc reported income of $59k and spending of $11k, leaving 82% of income unspent that year. Across the 2 years on record, from May 2022 to May 2023, income grew from $50k to $59k (+19%), an average of +19% a year. The sharpest change came in the year to May 2023, when income rose by 19%. Over the whole period it spent 46% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Denison Athletic Booster Club Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within TX. Charities of a similar size with the same main cause include Cy-Fair Ffa Booster Club ($59k), Presque Isle Electric & Gas Communities First Fund ($59k) and Gift of Life Foundation ($59k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 4.6% of the total. At year end it held assets of $215k against liabilities of $0, net assets of $215k.