Boosters for Families

Analysis

Boosters for Families is a registered charity in United States, based in Arvada, CO. It received its IRS tax-exemption ruling in June 2015, 11 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 March 2023, Boosters for Families reported income of $4.7m and spending of $4.5m, spending 95% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $1.0m to $4.7m (+366%), an average of +47% a year. The sharpest change came in the year to March 2022, when income rose by 6940%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Boosters for Families sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include Emmanuel Christian Academy Inc ($4.7m), Spanish American Basic Education and Rehabilitation Inc Saber ($4.7m) and Growing Futures Early Education Center Inc ($4.7m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $358k (8.0% of expenses). At year end it held assets of $671k against liabilities of $0, net assets of $671k.