Marblehead Boosters Club Incorporated

Analysis

Marblehead Boosters Club Incorporated is a registered charity in United States, based in Marblehead, MA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Marblehead Boosters Club Incorporated reported income of $124k and spending of $177k, spending 143% of what it took in. Across the 4 years on record, from May 2020 to May 2024, income fell from $229k to $124k (-46%), an average of -19% a year. The sharpest change came in the year to May 2024, when income dropped by 30%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marblehead Boosters Club Incorporated sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Nsa Florida Chapter Scholarship Foundation Inc ($124k), Warrior Football Boosters Inc ($124k) and Shades Cahaba Elementary PTO ($124k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $360k against liabilities of $0, net assets of $360k.