Krum Athletic Boosters Club

Analysis

Krum Athletic Boosters Club is a registered charity in United States, based in Krum, TX. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Krum Athletic Boosters Club reported income of $75k and spending of $46k, leaving 39% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $56k to $75k (+34%), an average of +34% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Krum Athletic Boosters Club sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Robert Longo ALS Fund Inc ($75k), Friends of the Peoria Public Library Inc ($75k) and PTA Florida Congress ($75k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.