Diamond Booster Club Inc

Analysis

Diamond Booster Club Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in September 1985, 41 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, Diamond Booster Club Inc reported income of $57k and spending of $47k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $57k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. 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, Diamond Booster Club Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include Little League Baseball Inc ($57k), Muhlenberg Soccer Association ($57k) and Eastview Sixth Man Club ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 9.1% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.