LPS Athletic Boosters

Analysis

LPS Athletic Boosters is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, LPS Athletic Boosters reported income of $158k and spending of $153k, spending 97% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $210k to $158k (-25%), an average of -13% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. 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, LPS Athletic Boosters sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Dundalk Eastfield Recreation and Parks Council ($158k), Enumclaw Athletic Association ($158k) and Mesa Juniors Volleyball Company ($158k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% and program service revenue 10% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.