New Home Athletic Booster Club

Analysis

New Home Athletic Booster Club is a registered charity in United States, based in New Home, TX. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, New Home Athletic Booster Club reported income of $52k and spending of $23k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $52k (-27%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 40% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Home Athletic Booster Club sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Gme Foundation ($52k), Parent Booster USA Inc ($52k) and Ohio Contractors Association Advancement Foundation ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.