Jacket Boosters Inc

Analysis

Jacket Boosters Inc is a registered charity in United States, based in Mount Vernon, OH. It received its IRS tax-exemption ruling in December 1984, 42 years ago. 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 2022, Jacket Boosters Inc reported income of $309k and spending of $185k, leaving 40% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $239k to $309k (+29%), an average of +8.9% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jacket Boosters Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include W H II Ltd ($309k), Cyhs Athletic Booster Club ($309k) and Zaviyoth Inc ($309k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 21% and program service revenue 27% of the total. At year end it held assets of $266k against liabilities of $0, net assets of $266k.