Ramapo Athletic Boosters Association Inc

Analysis

Ramapo Athletic Boosters Association Inc is a registered charity in United States, based in Franklin LKS, NJ. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ramapo Athletic Boosters Association Inc reported income of $350k and spending of $412k, spending 118% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $330k to $350k (+6.0%), an average of +1.2% a year. The sharpest change came in the year to June 2023, when income rose by 93%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ramapo Athletic Boosters Association Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Germantown Band Boosters Inc ($350k), Si Se Puede Schools ($350k) and Chester County Night School ($350k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 5.5% of the total. At year end it held assets of $255k against liabilities of $0, net assets of $255k.