Hereford High School Sports Boosters Inc

Analysis

Hereford High School Sports Boosters Inc is a registered charity in United States, based in Monkton, MD. It received its IRS tax-exemption ruling in October 1991, 35 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, Hereford High School Sports Boosters Inc reported income of $60k and spending of $32k, leaving 47% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $51k to $60k (+18%), an average of +18% a year. The sharpest change came in the year to August 2023, when income rose by 18%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hereford High School Sports Boosters Inc 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 23rd percentile, and in the 25th percentile within MD. Charities of a similar size with the same main cause include Capital City a & M Foundation Inc ($60k), Barnwell Foundation Inc ($60k) and Geneva Academic Foundation ($60k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 6.0% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.