Seminole Boosters Inc

Analysis

Seminole Boosters Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in May 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Seminole Boosters Inc reported income of $88.8m and spending of $73.9m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $83.2m to $88.8m (+6.6%), an average of +1.6% a year. The sharpest change came in the year to June 2023, when income rose by 71%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seminole Boosters Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Somerset Academy of Las Vegas ($88.5m), Hotchkiss School ($88.8m) and Queens University of Charlotte ($88.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $482k (0.7% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $230.8m against liabilities of $69.8m, net assets of $161.0m. It reported 70 employees.