Homestead Athletic Boosters

Analysis

Homestead Athletic Boosters is a registered charity in United States, based in Cupertino, CA. It received its IRS tax-exemption ruling in May 1984, 42 years ago. 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, Homestead Athletic Boosters reported income of $76k and spending of $73k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $107k to $76k (-29%), an average of -29% a year. The sharpest change came in the year to June 2024, when income dropped by 29%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Homestead Athletic Boosters sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Texas 4-H ($76k), San Ramon Valley Rotary Foundation ($76k) and Pennsylvanians Concerned About Alcohol Problems ($76k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 5.2% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.