CGBD Bingo Booster Club

Analysis

CGBD Bingo Booster Club is a registered charity in United States, based in Yorktown, VA. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, CGBD Bingo Booster Club reported income of $159k and spending of $158k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $457k to $159k (-65%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, CGBD Bingo Booster Club sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Folsom Softball Club ($159k), Skating Club of Andover Inc ($159k) and Viking Youth Soccer Association Inc ($159k).

At year end it held assets of $19k against liabilities of $0, net assets of $19k.