Grimsley Athletics Booster Club

Analysis

Grimsley Athletics Booster Club is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in August 2022, 4 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Grimsley Athletics Booster Club reported income of $439k and spending of $553k, spending 126% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $286k to $439k (+53%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grimsley Athletics Booster Club sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NC. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($439k), Ohio Hawks Fast Pitch Association ($439k) and Orange-Olive Pony Baseball Inc ($439k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.