Greensboro Academy Boosters

Analysis

Greensboro Academy Boosters is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in September 2005, 21 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, Greensboro Academy Boosters reported income of $162k and spending of $158k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $164k to $162k (-1.5%), an average of -1.5% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greensboro Academy Boosters sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include University of the Philippines Alumni Association in America Inc ($162k), Discovery Christian Academy ($162k) and Lake Bluff Parent Teacher Organization ($162k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 45% and program service revenue 49% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.