Basis Knights Boosters Inc

Analysis

Basis Knights Boosters Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in December 2018, 8 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, Basis Knights Boosters Inc reported income of $227k and spending of $204k, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $159k to $227k (+43%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 165%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Basis Knights Boosters Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Newport High School Ptsa ($227k), Friends of the North Logan City Library ($228k) and Sherman Apartments Association ($227k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.