Phillipsburg Garnet Booster Club Foundation

Analysis

Phillipsburg Garnet Booster Club Foundation is a registered charity in United States, based in Phillipsburg, NJ. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Phillipsburg Garnet Booster Club Foundation reported income of $153k and spending of $124k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $153k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Phillipsburg Garnet Booster Club Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include Robert W Traip Trust ($153k), Lake Castle Parents Club- Madisonville ($153k) and Forest Park Elementary School Foundation ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $195k against liabilities of $0, net assets of $195k.