Emerald Elite Booster Association

Analysis

Emerald Elite Booster Association is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Emerald Elite Booster Association reported income of $53k and spending of $72k, spending 136% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $57k to $53k (-7.9%), an average of -7.9% a year. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Emerald Elite Booster Association sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Interactive Educational Theatre Inc ($53k), Friends of the Opera House at Enosburg Falls VT ($53k) and Davis Senior High School Band Boosters ($53k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 25% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.