Gibsonburg Athletic Boosters Inc

Analysis

Gibsonburg Athletic Boosters Inc is a registered charity in United States, based in Gibsonburg, OH. It received its IRS tax-exemption ruling in July 2002, 24 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 December 2023, Gibsonburg Athletic Boosters Inc reported income of $144k and spending of $128k, spending 89% of its income. The sharpest change came in the year to December 2023, when income rose by 419%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gibsonburg Athletic Boosters Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Morgantown Redbirds Baseball Club Inc ($144k), Greenville Girls Softball Association Inc ($144k) and Beaufort Community Sailing and Boating ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 135% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.