Phoenix Academy Athletics Booster Club Inc

Analysis

Phoenix Academy Athletics Booster Club Inc is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in August 2022, 4 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 June 2024, Phoenix Academy Athletics Booster Club Inc reported income of $88k and spending of $80k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $60k to $88k (+47%), an average of +47% a year. The sharpest change came in the year to June 2024, when income rose by 47%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Phoenix Academy Athletics Booster Club Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within NC. Charities of a similar size with the same main cause include Kewaskum Athletic Association ($88k), Blanchard Diamond Club Inc ($88k) and Seekonk Library Trust ($88k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.5% and program service revenue 74% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.