Carlmont Scots Booster Club

Analysis

Carlmont Scots Booster Club is a registered charity in United States, based in Belmont, CA. It received its IRS tax-exemption ruling in February 2010, 16 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 2024, Carlmont Scots Booster Club reported income of $69k and spending of $74k, spending 106% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $61k to $69k (+13%), an average of +3.1% a year. The sharpest change came in the year to July 2021, when income rose by 110%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carlmont Scots Booster Club sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Harvest Christian Ministries Inc ($69k), Lake Windward Elementary School PTO Inc ($69k) and New Dimension Literacy Council Inc ($69k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 69% and program service revenue 16% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.