Harbor Springs Ram Boosters

Analysis

Harbor Springs Ram Boosters is a registered charity in United States, based in Harbor SPGS, MI. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Harbor Springs Ram Boosters reported income of $142k and spending of $155k, spending 109% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $85k to $142k (+66%), an average of +29% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harbor Springs Ram Boosters sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Anoka High School Band Parents Association Inc ($142k), Martinsburg Community Library Association ($142k) and Pullman Education Foundation for Excellence in Pullman Public SCH D ($142k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $3,600 (2.3% of expenses). At year end it held assets of $234k against liabilities of $0, net assets of $234k.