Charlotte Athletic Boosters

Analysis

Charlotte Athletic Boosters is a registered charity in United States, based in Charlotte, MI. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Charlotte Athletic Boosters reported income of $254k and spending of $210k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $254k (+590%), an average of +590% a year. The sharpest change came in the year to December 2023, when income rose by 590%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charlotte Athletic Boosters sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include Msda Charitable and Educational Foundaton Inc ($254k), Greatlife Cares Foundation ($254k) and Virginia Veterans Foundation ($254k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $216k against liabilities of $0, net assets of $216k.