Grandville Academic Team Boosters

Analysis

Grandville Academic Team Boosters is a registered charity in United States, based in Grandville, MI. It received its IRS tax-exemption ruling in March 2023, 3 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 August 2023, Grandville Academic Team Boosters reported income of $150k and spending of $150k, spending 100% of its income. Across the 4 years on record, from August 2020 to August 2023, income fell from $317k to $150k (-53%), an average of -22% a year. The sharpest change came in the year to August 2021, when income dropped by 38%. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grandville Academic Team Boosters sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include Safetynet Youthcare Inc ($150k), South Jersey Homeschooling Association ($150k) and Monterey Bay Educational Center ($150k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $3,131. At year end it held assets of $177 against liabilities of $0, net assets of $177. It reported 3 employees.