FTW Booster Club Inc

Analysis

FTW Booster Club Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, FTW Booster Club Inc reported income of $955k and spending of $774k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $621k to $955k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 61% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, FTW Booster Club Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within LA. Charities of a similar size with the same main cause include Georgia City Solutions Inc ($955k), A Step Beyond a Nonprofit Corporation ($955k) and South Bend & Vicinity Electrical ($954k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $614k against liabilities of $0, net assets of $614k.