Lamar Athletic Booster Club

Analysis

Lamar Athletic Booster Club is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 1992, 34 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lamar Athletic Booster Club reported income of $634k and spending of $668k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $371k to $634k (+71%), an average of +14% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lamar Athletic 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 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Sheridan on Skates ($633k), Louisville Soccer Foundation ($634k) and Aogc All Olympia Gymnastic Center Inc ($633k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $239k against liabilities of $1,000, net assets of $238k.