Medomak Valley All Sports Boosters

Analysis

Medomak Valley All Sports Boosters is a registered charity in United States, based in Waldoboro, ME. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Medomak Valley All Sports Boosters reported income of $143k and spending of $113k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $149k to $143k (-3.5%), an average of -3.5% a year. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Medomak Valley All Sports Boosters sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 39th percentile within ME. Charities of a similar size with the same main cause include Lotus School Foundation Inc ($143k), Jefferson City Parks and Recreation Foundation ($144k) and Rockford Symphony Orchestra Foundation ($143k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.