KHS Athletic Booster Club Inc

Analysis

KHS Athletic Booster Club Inc is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in December 2022, 4 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, KHS Athletic Booster Club Inc reported income of $618k and spending of $584k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $499k to $618k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. 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, KHS Athletic Booster Club Inc 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 East Hills Recreation Commission ($618k), Fredericksburg Agricultural Fair Inc ($618k) and Cranford Hockey Club Inc ($618k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% of the total. At year end it held assets of $128k against liabilities of $0, net assets of $128k.