LCM All Sports Booster 2021

Analysis

LCM All Sports Booster 2021 is a registered charity in United States, based in Orange, TX. It received its IRS tax-exemption ruling in August 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, LCM All Sports Booster 2021 reported income of $281k and spending of $296k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $87k to $281k (+221%), an average of +79% a year. The sharpest change came in the year to December 2022, when income rose by 226%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LCM All Sports Booster 2021 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 60th percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Veritas Christian School Inc ($281k), Ascend1 ($281k) and Santa Fe Texas Education Foundation ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $41k against liabilities of $32k, net assets of $9,343.