Sumner Athletic Booster Club

Analysis

Sumner Athletic Booster Club is a registered charity in United States, based in Riverview, FL. It received its IRS tax-exemption ruling in January 2021, 5 years ago. 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 2023, Sumner Athletic Booster Club reported income of $297k and spending of $320k, spending 108% of what it took in. Across the 2 years on record, from May 2022 to May 2023, income grew from $246k to $297k (+21%), an average of +21% a year. The sharpest change came in the year to May 2023, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sumner Athletic Booster Club sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include The Arizona Senior Academy ($296k), Kansas Association of Local Health Departments ($297k) and Black Township Fire & Rescue Inc ($296k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.