Corona Del Mar Basketball Boosters Inc

Analysis

Corona Del Mar Basketball Boosters Inc is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in July 2018, 8 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 August 2024, Corona Del Mar Basketball Boosters Inc reported income of $160k and spending of $158k, spending 99% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $140k to $160k (+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, Corona Del Mar Basketball Boosters Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Linda Beach Preschool ($160k), Augustine Educational Foundation ($160k) and True Blue Athletic Booster Club Inc ($160k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 52% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.