Chanhassen Booster Club

Analysis

Chanhassen Booster Club is a registered charity in United States, based in Chanhassen, MN. It received its IRS tax-exemption ruling in July 2011, 15 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 August 2023, Chanhassen Booster Club reported income of $358k and spending of $317k, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $284k to $358k (+26%), an average of +6.0% a year. The sharpest change came in the year to August 2022, when income rose by 80%. 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, Chanhassen Booster Club sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Huron University College Foundation USA ($358k), Morgan Lewis Foundation ($358k) and Be Philly Foundation LLC ($358k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 92% of the total. At year end it held assets of $275k against liabilities of $11k, net assets of $264k.