Granite Bay High Boosters Association

Analysis

Granite Bay High Boosters Association is a registered charity in United States, based in Granite Bay, CA. It received its IRS tax-exemption ruling in August 1996, 30 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 June 2023, Granite Bay High Boosters Association reported income of $901k and spending of $918k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $765k to $901k (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income rose by 152%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Granite Bay High Boosters Association sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Friends of Spero Academy II ($901k), Newport Harbor Educational Foundation ($901k) and U-Turn ($901k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 46% of the total. At year end it held assets of $509k against liabilities of $0, net assets of $509k.