Dallas Center Grimes Booster Club

Analysis

Dallas Center Grimes Booster Club is a registered charity in United States, based in Grimes, IA. It received its IRS tax-exemption ruling in March 1966, 60 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 May 2024, Dallas Center Grimes Booster Club reported income of $179k and spending of $138k, leaving 23% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $147k to $179k (+21%), an average of +5.0% a year. The sharpest change came in the year to May 2023, when income rose by 247%. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dallas Center Grimes Booster Club sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within IA. Charities of a similar size with the same main cause include Minnesota Boat Club ($179k), Torrance Rose Float Association Inc ($179k) and Women Anglers of Minnesota ($179k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 40% and program service revenue 18% of the total. At year end it held assets of $370k against liabilities of $0, net assets of $370k.