Titan Athletic Boosters Inc

Analysis

Titan Athletic Boosters Inc is a registered charity in United States, based in San Marino, CA. It received its IRS tax-exemption ruling in February 2019, 7 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 December 2023, Titan Athletic Boosters Inc reported income of $401k and spending of $313k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $325k to $401k (+23%), an average of +7.2% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Titan Athletic Boosters Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Nashoba Youth Hockey Association Inc ($401k), Camp Aranzazu Foundation ($401k) and Ybl Basketball Inc ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $394k against liabilities of $116k, net assets of $278k.