Novi Atheletic Boosters

Analysis

Novi Atheletic Boosters is a registered charity in United States, based in Novi, MI. It received its IRS tax-exemption ruling in August 2006, 20 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, Novi Atheletic Boosters reported income of $133k and spending of $106k, leaving 20% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $104k to $133k (+28%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 28%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Novi Atheletic Boosters 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 44th percentile within MI. Charities of a similar size with the same main cause include Woodhaven-Brownstown School District Educational Foundation ($133k), Kinderhaus ($133k) and Together for Childhood Network Inc ($133k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 26% of the total. At year end it held assets of $150k against liabilities of $0, net assets of $150k.