Humboldt Athletic Booster Club

Analysis

Humboldt Athletic Booster Club is a registered charity in United States, based in Humboldt, IA. It received its IRS tax-exemption ruling in August 2017, 9 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 July 2023, Humboldt Athletic Booster Club reported income of $149k and spending of $97k, leaving 35% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $105k to $149k (+41%), an average of +41% a year. The sharpest change came in the year to July 2023, when income rose by 41%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Humboldt Athletic Booster Club sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within IA. Charities of a similar size with the same main cause include Elk Grove Rotary Foundation ($149k), Council of Administrators of Compensatory Education Inc ($149k) and Farmington Elementary School PTO ($149k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $138k against liabilities of $0, net assets of $138k.