Grinnell-Newburg Boosters

Analysis

Grinnell-Newburg Boosters is a registered charity in United States, based in Grinnell, IA. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Grinnell-Newburg Boosters reported income of $128k and spending of $97k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $95k to $128k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2022, when income rose by 243%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grinnell-Newburg Boosters sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within IA. Charities of a similar size with the same main cause include National Institute of Governmental Purchasing Inc ($128k), Freedom Enhancement Academy ($128k) and Kanaka Aupuni a Niihau Aloha ($128k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% of the total. At year end it held assets of $243k against liabilities of $0, net assets of $243k.