Vermilion Schools Athletic Boosters Inc

Analysis

Vermilion Schools Athletic Boosters Inc is a registered charity in United States, based in Vermilion, OH. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 May 2024, Vermilion Schools Athletic Boosters Inc reported income of $209k and spending of $172k, spending 82% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $71k to $209k (+194%), an average of +31% a year. The sharpest change came in the year to May 2021, when income rose by 143%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vermilion Schools Athletic Boosters Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Rohnert Park Girls Softball Association ($209k), The Tenafly League for Soccer and Youth Inc ($209k) and Brookland C a R E S ($209k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 20% of the total. At year end it held assets of $255k against liabilities of $0, net assets of $255k.