Loyola Booster Club

Analysis

Loyola Booster Club is a registered charity in United States, based in Mankato, MN. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Loyola Booster Club reported income of $143k and spending of $147k, spending 103% of its income. Across the 3 years on record, from June 2020 to June 2023, income fell from $160k to $143k (-11%), an average of -5.6% a year. The sharpest change came in the year to June 2022, when income dropped by 24%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Loyola Booster Club sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include Education Without Borders ($143k), Fountain Valley High School Dance Team Boosters ($143k) and Miss School of the Arts Foundation Inc ($143k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 14% of the total. At year end it held assets of $166k against liabilities of $20k, net assets of $146k.