Cobra Booster Club

Analysis

Cobra Booster Club is a registered charity in United States, based in Brownsville, OR. It received its IRS tax-exemption ruling in August 2014, 12 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 August 2023, Cobra Booster Club reported income of $347k and spending of $321k, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $29k to $347k (+1089%), an average of +86% a year. The sharpest change came in the year to August 2021, when income rose by 804%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cobra Booster Club sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OR. Charities of a similar size with the same main cause include Suncoast Career Academy Inc ($347k), Jason Ritchie Memorial Hockey Scholarship Foundation Inc ($347k) and GLW Childrens Council Inc ($347k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.