FHS Basketball Boosters Club

Analysis

FHS Basketball Boosters Club is a registered charity in United States, based in Franklin, MA. It received its IRS tax-exemption ruling in September 2022, 4 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, FHS Basketball Boosters Club reported income of $54k and spending of $47k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $60k to $54k (-11%), an average of -11% a year. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, FHS Basketball Boosters Club sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Esm Little League Inc ($54k), Team USA Athletics ($54k) and Flower Mound High School Lady Jaguar Volleyball Booster Club ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 28% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.