Panther Boosters Inc

Analysis

Panther Boosters Inc is a registered charity in United States, based in Glencoe, MN. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Panther Boosters Inc reported income of $116k and spending of $168k, spending 145% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $102k to $116k (+14%), an average of +14% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Panther Boosters Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within MN. Charities of a similar size with the same main cause include Kingston Cooperative Preschool ($116k), Studio Mechanics Local 476 Training Fund ($116k) and Taunton High School Faculty and Community Scholarship Fund Inc ($116k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 8.0% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.