Farragut School Booster Club

Analysis

Farragut School Booster Club is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in January 1995, 31 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 September 2024, Farragut School Booster Club reported income of $128k and spending of $219k, spending 171% of what it took in. Across the 6 years on record, from September 2019 to September 2024, income fell from $344k to $128k (-63%), an average of -18% a year. The sharpest change came in the year to September 2020, when income dropped by 60%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Farragut School Booster Club sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Blackhawks Spirit Booster Club ($128k), Kanaka Aupuni a Niihau Aloha ($128k) and Dine Grant Schools Association ($128k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $312k against liabilities of $0, net assets of $312k.