Mustang Booster Club

Analysis

Mustang Booster Club is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 2013, 13 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 July 2023, Mustang Booster Club reported income of $95k and spending of $97k, spending 101% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $58k to $95k (+65%), an average of +13% a year. The sharpest change came in the year to July 2021, when income rose by 63%. 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, Mustang Booster Club sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NE. Charities of a similar size with the same main cause include Ruth Edmundson Ramsey Scholarship Fund Inc ($95k), Deposit Free Library Association ($95k) and Clyde F Brown Home and School Association Inc ($95k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.