Ocean City Crew Boosters Inc

Analysis

Ocean City Crew Boosters Inc is a registered charity in United States, based in Ocean City, NJ. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Ocean City Crew Boosters Inc reported income of $127k and spending of $104k, spending 82% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $104k to $127k (+22%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ocean City Crew Boosters Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Great Bridge Crew Club ($127k), Serve Midland Inc ($127k) and Pequannock Soccer Club Inc ($127k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 45% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.