Rushford-Peterson Booster Club Inc

Analysis

Rushford-Peterson Booster Club Inc is a registered charity in United States, based in Rushford, MN. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Rushford-Peterson Booster Club Inc reported income of $234k and spending of $235k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $97k to $234k (+141%), an average of +34% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rushford-Peterson Booster Club Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Triveni School of Dance Inc ($234k), Academic Distinction Fund ($234k) and Grove Education Foundation for Excellence Inc ($234k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 2.5% of the total. Other salaries and wages came to $15k. At year end it held assets of $101k against liabilities of $917, net assets of $100k.