Diamond Boosters Inc

Analysis

Diamond Boosters Inc is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Boosters Inc reported income of $130k and spending of $92k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $122k to $130k (+6.0%), an average of +3.0% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Diamond Boosters Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Cass Tech High School Alumni Asso ($130k), Parent Booster USA Inc ($130k) and David W Smith Fund ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.