New London-Spicer Booster Club

Analysis

New London-Spicer Booster Club is a registered charity in United States, based in New London, MN. It received its IRS tax-exemption ruling in September 2004, 22 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 December 2023, New London-Spicer Booster Club reported income of $128k and spending of $75k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $136k to $128k (-5.8%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New London-Spicer Booster Club sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within MN. Charities of a similar size with the same main cause include University Womens Foundation of Jefferson County ($128k), Creekview High School Band Booster Club ($128k) and Round Rock El Amistad Club ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $298k against liabilities of $44, net assets of $298k. It reported 11 employees.