Tolar Athletic Booster Club

Analysis

Tolar Athletic Booster Club is a registered charity in United States, based in Tolar, TX. It received its IRS tax-exemption ruling in April 1999, 27 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 December 2023, Tolar Athletic Booster Club reported income of $136k and spending of $144k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $136k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tolar Athletic Booster Club sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Hellenic University Club of New York Inc ($136k), Stanford University Bookstore ($136k) and Westwood Booster Club Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.