Algonquin Athletic Boosters Club Inc

Analysis

Algonquin Athletic Boosters Club Inc is a registered charity in United States, based in Northborough, MA. It received its IRS tax-exemption ruling in July 2008, 18 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 July 2023, Algonquin Athletic Boosters Club Inc reported income of $224k and spending of $217k, spending 97% of its income. Across the 3 years on record, from July 2019 to July 2023, income grew from $216k to $224k (+3.7%), an average of +1.8% a year. The sharpest change came in the year to July 2023, when income rose by 44%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Algonquin Athletic Boosters Club Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Utah Schools for the Deaf and the Blind Education Foundation ($224k), When Girls Get Together ($224k) and Friends of the Academy of Music Inc ($224k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 26% and program service revenue 46% of the total. At year end it held assets of $322k against liabilities of $0, net assets of $322k.