Wayland Boosters Incorporated

Analysis

Wayland Boosters Incorporated is a registered charity in United States, based in Wayland, MA. It received its IRS tax-exemption ruling in July 1975, 51 years ago. 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 2024, Wayland Boosters Incorporated reported income of $66k and spending of $55k, spending 84% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $29k to $66k (+124%), an average of +124% a year. The sharpest change came in the year to July 2024, when income rose by 124%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wayland Boosters Incorporated sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 34th percentile within MA. Charities of a similar size with the same main cause include California Federation of Womens Clubs ($66k), Gla America ($66k) and Bemidji Gymnastic Club Inc ($66k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 79% and program service revenue 1.0% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.