Garaway Athletic Boosters Inc

Analysis

Garaway Athletic Boosters Inc is a registered charity in United States, based in Sugarcreek, OH. It received its IRS tax-exemption ruling in December 2007, 19 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 December 2023, Garaway Athletic Boosters Inc reported income of $185k and spending of $92k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $317k to $185k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 136% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Garaway Athletic Boosters Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include Ridge Point Band Boosters ($185k), Mentor2youth Inc ($185k) and North Carolina Delta Kappa Gamma Educational Foundation ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $167k against liabilities of $196k, net assets of -$29k.