Malcolm Boosters Association

Analysis

Malcolm Boosters Association is a registered charity in United States, based in Malcolm, NE. It received its IRS tax-exemption ruling in March 2021, 5 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, Malcolm Boosters Association reported income of $90k and spending of $28k, leaving 69% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $90k (-7.5%), an average of -7.5% a year. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Malcolm Boosters Association sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within NE. Charities of a similar size with the same main cause include Jubilee Academic Foundation Inc ($90k), First State Educate Inc ($90k) and New Hampshire School Library Media Association ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 11% of the total. At year end it held assets of $188k against liabilities of $0, net assets of $188k.