Spirit of 76 Boosters

Analysis

Spirit of 76 Boosters is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 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 2023, Spirit of 76 Boosters reported income of $79k and spending of $89k, spending 113% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $67k to $79k (+18%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spirit of 76 Boosters sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Chicago Public Schools Student Science Fair Inc ($79k), Ptsa Connecticut Inc ($79k) and Bethlehem Land Trust Inc ($79k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 44% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.