Norwalk Athletic Booster Club

Analysis

Norwalk Athletic Booster Club is a registered charity in United States, based in Norwalk, IA. It received its IRS tax-exemption ruling in March 1995, 31 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 July 2024, Norwalk Athletic Booster Club reported income of $335k and spending of $417k, spending 124% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $172k to $335k (+95%), an average of +18% a year. The sharpest change came in the year to July 2022, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Norwalk Athletic Booster Club sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within IA. Charities of a similar size with the same main cause include Wright Flight Inc ($335k), Assist Academy ($335k) and Girls on the Run of Northwest Illinois ($335k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 21% and program service revenue 74% of the total. At year end it held assets of $432k against liabilities of $0, net assets of $432k.