Lake Flyers Athletic Boosters
Analysis
Lake Flyers Athletic Boosters is a registered charity in United States, based in Millbury, OH. It received its IRS tax-exemption ruling in April 2018, 8 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 July 2024, Lake Flyers Athletic Boosters reported income of $78k and spending of $91k, spending 116% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income grew from $76k to $78k (+3.6%), an average of +3.6% a year. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Flyers Athletic Boosters sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include Dennis Henneke Memorial Scholarship Fund ($78k), Iranian American Scholarship Fund Inc ($78k) and Foundation for Wallingford- Swarthmore Schools ($78k).
On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 4.0% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.
Income and spending
Where the income comes from
- Contributions & grants 4.0%
- Other 96%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dennis Henneke Memorial Scholarship Fund | Corp Christi | $78k |
| Iranian American Scholarship Fund Inc | San Diego | $78k |
| Foundation for Wallingford- Swarthmore Schools | Wallingford | $78k |
| Yosemite Marlins Swim Club | Oakhurst | $78k |