Gibson City-Melvin-Sibley Booster Club Inc

Analysis

Gibson City-Melvin-Sibley Booster Club Inc is a registered charity in United States, based in Gibson City, IL. It received its IRS tax-exemption ruling in October 2000, 26 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, Gibson City-Melvin-Sibley Booster Club Inc reported income of $79k and spending of $77k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $16k to $79k (+400%), an average of +124% a year. The sharpest change came in the year to December 2022, when income rose by 378%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gibson City-Melvin-Sibley Booster Club Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Clarksburg High School Organizationof Musical Parents and Helpers ($79k), CDM Girls Volleyball Foundation ($79k) and Kappa Alpha Psi Jacksonville Foundation Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $209k against liabilities of $0, net assets of $209k.