Madrid Booster Club Inc

Analysis

Madrid Booster Club Inc is a registered charity in United States, based in Madrid, IA. It received its IRS tax-exemption ruling in March 2016, 10 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, Madrid Booster Club Inc reported income of $86k and spending of $66k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $86k (+1.1%), an average of +1.1% a year. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Madrid Booster Club Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within IA. Charities of a similar size with the same main cause include Suzannah Smiles ($86k), Whitnall Youth Basketball Club Inc ($86k) and Avonworth Girls Athletic Association ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.8% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.