Wabasso Booster Club

Analysis

Wabasso Booster Club is a registered charity in United States, based in Wabasso, MN. 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, Wabasso Booster Club reported income of $208k and spending of $165k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $168k to $208k (+24%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 69% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wabasso Booster Club sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Lincoln-Way Xplosion Basketball Club ($208k), Berks County Interscholastic Athletic Association ($208k) and East Bay Sportstars Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $337k against liabilities of $0, net assets of $337k.