Memorial High School Booster Club Inc

Analysis

Memorial High School Booster Club Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Memorial High School Booster Club Inc reported income of $801k and spending of $840k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $467k to $801k (+71%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 121% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Memorial High School Booster Club Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Mansfield High School Athletic Booster Club Inc ($801k), Kerus Global Education ($801k) and Bansan Foundation ($801k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 2.1% of the total. At year end it held assets of $912k against liabilities of $259k, net assets of $653k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.