Independence Mustang Athletic Boosters Inc

Analysis

Independence Mustang Athletic Boosters Inc is a registered charity in United States, based in Independence, IA. It received its IRS tax-exemption ruling in July 2016, 10 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 December 2023, Independence Mustang Athletic Boosters Inc reported income of $145k and spending of $146k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $136k to $145k (+6.9%), an average of +6.9% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Independence Mustang Athletic Boosters Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within IA. Charities of a similar size with the same main cause include Lawton Elementary School PTA ($145k), Canadian Education Foundation ($145k) and Fairmont Private Schools Parent Association ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $125k against liabilities of $0, net assets of $125k.