Norway Knights Athletic Booster Club

Analysis

Norway Knights Athletic Booster Club is a registered charity in United States, based in Norway, MI. It received its IRS tax-exemption ruling in February 2009, 17 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 June 2023, Norway Knights Athletic Booster Club reported income of $54k and spending of $54k, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $63k to $54k (-14%), an average of -14% a year. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Norway Knights Athletic Booster Club sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within MI. Charities of a similar size with the same main cause include P T O P & V Inc ($54k), Orting Alumni Scholarship Foundation ($54k) and Stepney Parent-Teachers Organization Inc ($54k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 7.0% and program service revenue 75% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.