Knights Football Booster Club

Analysis

Knights Football Booster Club is a registered charity in United States, based in Palmer, AK. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Knights Football Booster Club reported income of $80k and spending of $71k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $80k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Knights Football Booster Club sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 27th percentile within AK. Charities of a similar size with the same main cause include Franklin Regional Football Booster Club ($80k), East Girls Basketball Association Inc ($80k) and Bedford County Youth Achievement Association ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 19% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.