Diboll Boosters Club Inc

Analysis

Diboll Boosters Club Inc is a registered charity in United States, based in Diboll, TX. It received its IRS tax-exemption ruling in December 1978, 48 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 November 2023, Diboll Boosters Club Inc reported income of $1.0m and spending of $1.0m, spending 101% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $643k to $1.0m (+61%), an average of +13% a year. The sharpest change came in the year to November 2022, when income rose by 80%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Diboll Boosters Club Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Path Forward ($1.0m), Not Your Average Joe Inc ($1.0m) and Junior League of Tampa Inc ($1.0m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 73% and program service revenue 24% of the total. Other salaries and wages came to $425k. At year end it held assets of $1.4m against liabilities of -$1,930, net assets of $1.4m. It reported 37 employees.