Albia Booster Club

Analysis

Albia Booster Club is a registered charity in United States, based in Albia, IA. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Albia Booster Club reported income of $316k and spending of $230k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $216k to $316k (+46%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Albia Booster Club sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within IA. Charities of a similar size with the same main cause include Director of Athletics Assoc of New Jersey Inc ($316k), Chili Soccer Association Inc ($316k) and Diamond Sports Association Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $296k against liabilities of $0, net assets of $296k.