Nantucket Boosters Club

Analysis

Nantucket Boosters Club is a registered charity in United States, based in Nantucket, MA. It received its IRS tax-exemption ruling in June 1996, 30 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 June 2024, Nantucket Boosters Club reported income of $134k and spending of $80k, leaving 40% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $81k to $134k (+66%), an average of +66% a year. The sharpest change came in the year to June 2024, when income rose by 66%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nantucket Boosters Club sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Edmonson County Middle High Schools Extracurricular Activies & PTO Inc ($134k), John McLendon Minority Scholarship Foundation ($134k) and Todo Institute ($134k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 66% and program service revenue 3.7% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.