Linn-Mar Boosters Club Inc

Analysis

Linn-Mar Boosters Club Inc is a registered charity in United States, based in Marion, IA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Linn-Mar Boosters Club Inc reported income of $171k and spending of $188k, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $125k to $171k (+37%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 112%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Linn-Mar Boosters Club Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IA. Charities of a similar size with the same main cause include Unite the United ($171k), Gilfillan M and a Charitable Trust ($171k) and United Way of Sampson County Inc ($171k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% of the total. Compensation of current officers, directors and key employees was $2,400 (1.3% of expenses). Other salaries and wages came to $3,550. At year end it held assets of $186k against liabilities of $9,343, net assets of $176k.