McKinney High School Basketball Booster Club

Analysis

McKinney High School Basketball Booster Club is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in May 2018, 8 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 2024, McKinney High School Basketball Booster Club reported income of $76k and spending of $82k, spending 109% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $76k to $76k (-0.7%), an average of -0.7% a year. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, McKinney High School Basketball Booster Club sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Wisconsin Interscholastic Fishing Association ($76k), Morgantown Baseball League ($76k) and MTV Swim Team Inc ($76k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 19% of the total. At year end it held assets of $4,703 against liabilities of $0, net assets of $4,703.