Mankato East High School Boosters Club Inc

Analysis

Mankato East High School Boosters Club Inc is a registered charity in United States, based in Mankato, MN. It received its IRS tax-exemption ruling in September 1988, 38 years ago. 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 December 2023, Mankato East High School Boosters Club Inc reported income of $88k and spending of $81k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $107k to $88k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mankato East High School Boosters 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 33rd percentile, and in the 30th percentile within MN. Charities of a similar size with the same main cause include Marysville-Rye Library Association ($88k), Boy Scouts of America ($88k) and Organization for the Support of Democratic Movement in Taiwan ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $253k against liabilities of $0, net assets of $253k.