Grizzlies Booster Educational Foundation

Analysis

Grizzlies Booster Educational Foundation is a registered charity in United States, based in San Marcos, CA. It received its IRS tax-exemption ruling in November 2017, 9 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 2022, Grizzlies Booster Educational Foundation reported income of $476k and spending of $396k, spending 83% of its income. Across the 4 years on record, from August 2019 to August 2022, income grew from $416k to $476k (+14%), an average of +4.6% a year. The sharpest change came in the year to August 2022, when income rose by 132%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grizzlies Booster Educational Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Anchor Scholarship Foundation ($476k), Ohr Hamaier Inc ($476k) and Cape Cod Scholarship Inc ($476k).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $216k against liabilities of $0, net assets of $216k.