Newark High School Booster Club Inc

Analysis

Newark High School Booster Club Inc is a registered charity in United States, based in Newark, OH. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Newark High School Booster Club Inc reported income of $334k and spending of $264k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $267k to $334k (+25%), an average of +7.8% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Newark High School Booster Club Inc 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 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Philadelphia Mummers Brigade Assoc ($334k), Nailba Charitable Foundation ($334k) and Lidgerwood Progressive Development Corp ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $288k against liabilities of $0, net assets of $288k.