Laguna Beach Boosters Club Inc

Analysis

Laguna Beach Boosters Club Inc is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in October 1975, 51 years ago. 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, Laguna Beach Boosters Club Inc reported income of $606k and spending of $621k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $548k to $606k (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laguna Beach Boosters Club Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($606k), Roland J Wotring Scholarship Fund ($606k) and Ascension Housing Inc ($606k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $231k against liabilities of $0, net assets of $231k.