E a Laney Athletic Boosters Club Inc

Analysis

E a Laney Athletic Boosters Club Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in July 2018, 8 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 2023, E a Laney Athletic Boosters Club Inc reported income of $122k and spending of $111k, spending 91% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $51k to $122k (+138%), an average of +138% a year. The sharpest change came in the year to June 2023, when income rose by 138%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, E a Laney Athletic Boosters Club Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Eagle Home School Inc ($122k), Brazos County Go Texan Association ($122k) and Austin Member-Owened Business Foundation ($122k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 68% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.