Mankato West Booster Club

Analysis

Mankato West Booster Club is a registered charity in United States, based in North Mankato, MN. It received its IRS tax-exemption ruling in November 1991, 35 years ago. 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, Mankato West Booster Club reported income of $81k and spending of $100k, spending 124% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $28k to $81k (+190%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 188%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mankato West Booster Club 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 31st percentile, and in the 28th percentile within MN. Charities of a similar size with the same main cause include Mid-Atlantic Society of Association Executives Inc ($81k), Texas Association of Mediators Inc ($81k) and American Society of Civil Engineers ($81k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 26% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.