Kingwood Fillies Drill Team Booster Club

Analysis

Kingwood Fillies Drill Team Booster Club is a registered charity in United States, based in Kingwood, TX. It received its IRS tax-exemption ruling in June 1986, 40 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 May 2024, Kingwood Fillies Drill Team Booster Club reported income of $601k and spending of $601k, spending 100% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $268k to $601k (+125%), an average of +22% a year. The sharpest change came in the year to May 2022, when income rose by 102%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kingwood Fillies Drill Team Booster Club sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Friends of Manhasset Crew ($601k), Freedom Waters Foundation Inc ($601k) and Live Like Geno Foundation Inc ($601k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $248k against liabilities of $182k, net assets of $66k.