North Bay Haven Boosters Inc

Analysis

North Bay Haven Boosters Inc is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in May 2013, 13 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 June 2023, North Bay Haven Boosters Inc reported income of $729k and spending of $742k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $526k to $729k (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Bay Haven Boosters 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 75th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Hand Heart and Soul Project Inc ($729k), Chaviva High School ($729k) and Faith and Grace Learning Center ($729k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 65% of the total. At year end it held assets of $374k against liabilities of $9,348, net assets of $365k.