Mogadore Athletic Boosters Association

Analysis

Mogadore Athletic Boosters Association is a registered charity in United States, based in Mogadore, OH. It received its IRS tax-exemption ruling in January 1983, 43 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 December 2023, Mogadore Athletic Boosters Association reported income of $318k and spending of $325k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $318k (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mogadore Athletic Boosters Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include United Way of Greater Hazleton Inc ($318k), Habitat for Humanity International Inc ($318k) and Police Research and Education Project Inc ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 1.5% of the total. At year end it held assets of $359k against liabilities of $12k, net assets of $347k.