TC Titans Football Booster Club

Analysis

TC Titans Football Booster Club is a registered charity in United States, based in Lake Elsinore, CA. It received its IRS tax-exemption ruling in February 2023, 3 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, TC Titans Football Booster Club reported income of $79k and spending of $85k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $79k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, TC Titans Football Booster Club sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Southern Connecticut State University Alumni Association ($79k), St Alphonsus Parish Education Endowment Fund ($79k) and Swanton Athletic Boosters Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.