Lincoln East Apollonaire Booster Club

Analysis

Lincoln East Apollonaire Booster Club is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in February 2023, 3 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 May 2024, Lincoln East Apollonaire Booster Club reported income of $98k and spending of $101k, spending 104% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $51k to $98k (+93%), an average of +39% a year. The sharpest change came in the year to May 2023, when income rose by 70%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lincoln East Apollonaire Booster Club sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NE. Charities of a similar size with the same main cause include Huron Valley Council for the Arts ($98k), Farm at Oatland North ($98k) and Sandy Spring Slave Museum and African Art Gallery Inc ($98k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 41% of the total. At year end it held assets of $6,046 against liabilities of $0, net assets of $6,046.