FCCT Booster Club

Analysis

FCCT Booster Club is a registered charity in United States, based in Farmington, MN. It received its IRS tax-exemption ruling in February 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, FCCT Booster Club reported income of $134k and spending of $102k, leaving 24% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income grew from $97k to $134k (+38%), an average of +38% a year. The sharpest change came in the year to March 2024, when income rose by 38%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, FCCT Booster Club sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within MN. Charities of a similar size with the same main cause include Newport Swim Team Inc ($134k), Plum Hockey Association Inc ($134k) and Hanover Youth Basketball League ($134k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 105% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.