Monticello Athletic Booster Club

Analysis

Monticello Athletic Booster Club is a registered charity in United States, based in Monticello, IA. It received its IRS tax-exemption ruling in December 1983, 43 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 December 2023, Monticello Athletic Booster Club reported income of $133k and spending of $95k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $133k (-5.8%), an average of -5.8% a year. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monticello Athletic Booster Club sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within IA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($133k), Pragati ($133k) and Boyertown Area Historical Society ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $170k against liabilities of $0, net assets of $170k.