Colchester Football Boosters Association Incorporated

Analysis

Colchester Football Boosters Association Incorporated is a registered charity in United States, based in Colchester, VT. It received its IRS tax-exemption ruling in July 2002, 24 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 December 2023, Colchester Football Boosters Association Incorporated reported income of $60k and spending of $28k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $60k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colchester Football Boosters Association Incorporated sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 15th percentile within VT. Charities of a similar size with the same main cause include Friends of the Sandwich Public Library Inc ($60k), Rotary Scholarship Foundation of Pearl River Inc ($60k) and Columbia City Band Booster Club ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 34% of the total. At year end it held assets of $218k against liabilities of $0, net assets of $218k.