Lancer Booster Club

Analysis

Lancer Booster Club is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. 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, Lancer Booster Club reported income of $861k and spending of $856k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $875k to $861k (-1.6%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lancer Booster Club sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($861k), Rural Digital Youth Resiliency Project Inc ($861k) and Bridgewood Farms Inc ($861k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 10% of the total. At year end it held assets of $714k against liabilities of $0, net assets of $714k.