Cheboygan Sports Boosters

Analysis

Cheboygan Sports Boosters is a registered charity in United States, based in Cheboygan, MI. It received its IRS tax-exemption ruling in August 1997, 29 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 June 2024, Cheboygan Sports Boosters reported income of $67k and spending of $47k, leaving 30% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $33k to $67k (+106%), an average of +106% a year. The sharpest change came in the year to June 2024, when income rose by 106%. Over the whole period it spent 56% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cheboygan Sports Boosters sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include South Central Foundation for Fitness Dance and Arts ($67k), Defiance Area Fish and Game Association Inc ($67k) and Wellington Wrestling Club Inc ($67k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.