Raising Stars Parents Organization Inc

Analysis

Raising Stars Parents Organization Inc is a registered charity in United States, based in Norwell, MA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2024, Raising Stars Parents Organization Inc reported income of $236k and spending of $278k, spending 118% of what it took in. Across the 4 years on record, from June 2017 to June 2024, income grew from $215k to $236k (+10%), an average of +3.3% a year. The sharpest change came in the year to June 2023, when income rose by 55%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Raising Stars Parents Organization Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Copley Adult All Sports Boosters Club ($236k), Barrington High School Broncos Hockey Club Inc ($236k) and Mounds View Volleyball Club ($236k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $66k against liabilities of $20k, net assets of $46k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.