Mount Sinai Booster Club Inc

Analysis

Mount Sinai Booster Club Inc is a registered charity in United States, based in Mount Sinai, NY. It received its IRS tax-exemption ruling in November 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, Mount Sinai Booster Club Inc reported income of $196k and spending of $206k, spending 105% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $274k to $196k (-28%), an average of -8.0% a year. The sharpest change came in the year to July 2022, when income rose by 183%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mount Sinai Booster Club Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include PTA Colorado Congress ($196k), Positive Paths ($196k) and Bellaire High School Parent Teacher Organization ($196k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 6.9% and program service revenue 38% of the total. At year end it held assets of $121k against liabilities of $3,490, net assets of $117k.