Galesburg Athletic Booster Club

Analysis

Galesburg Athletic Booster Club is a registered charity in United States, based in Galesburg, IL. It received its IRS tax-exemption ruling in July 1987, 39 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 December 2023, Galesburg Athletic Booster Club reported income of $101k and spending of $99k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $101k (-13%), an average of -13% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Galesburg Athletic Booster Club sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Compassionate Counselors Inc ($101k), Kingston North Kitsap Rotary Foundation ($101k) and Literacy Volunteers of Laredo ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.