Comets Booster Club

Analysis

Comets Booster Club is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in January 1977, 49 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, Comets Booster Club reported income of $162k and spending of $208k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $162k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Comets Booster Club 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 49th percentile within MI. Charities of a similar size with the same main cause include American Center for Education and Testing Inc ($162k), CM Quarterback Club ($162k) and Kingdom Builders Christian School ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $82k against liabilities of $1,448, net assets of $81k.