Massabesic Athletic Boosters Inc

Analysis

Massabesic Athletic Boosters Inc is a registered charity in United States, based in Waterboro, ME. It received its IRS tax-exemption ruling in January 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 June 2023, Massabesic Athletic Boosters Inc reported income of $154k and spending of $152k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $182k to $154k (-16%), an average of -5.5% a year. The sharpest change came in the year to June 2022, when income rose by 403%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Massabesic Athletic Boosters Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 41st percentile within ME. Charities of a similar size with the same main cause include Little League Baseball Inc ($154k), New Fairfeild Baseball Inc ($154k) and Union Youth Football Association ($154k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. At year end it held assets of $305k against liabilities of $0, net assets of $305k.