Pengilly Booster Club

Analysis

Pengilly Booster Club is a registered charity in United States, based in Pengilly, MN. It received its IRS tax-exemption ruling in March 1995, 31 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 October 2023, Pengilly Booster Club reported income of $102k and spending of $47k, leaving 54% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $49k to $102k (+107%), an average of +20% a year. The sharpest change came in the year to October 2021, when income rose by 61%. Over the whole period it spent 44% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pengilly Booster Club sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within MN. Charities of a similar size with the same main cause include Triangle Foundation Inc ($102k), The Therapeutic Equestrian Center Inc ($102k) and Virginia Boat Club ($102k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 33% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $3 (0.0% of expenses). Other salaries and wages came to $5,071. At year end it held assets of $455k against liabilities of $0, net assets of $455k. It reported 15 employees.