Staples Players Boosters Inc

Analysis

Staples Players Boosters Inc is a registered charity in United States, based in Westport, CT. It received its IRS tax-exemption ruling in May 2022, 4 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 June 2023, Staples Players Boosters Inc reported income of $55k and spending of $74k, spending 134% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $96k to $55k (-43%), an average of -43% a year. The sharpest change came in the year to June 2023, when income dropped by 43%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Staples Players Boosters Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within CT. Charities of a similar size with the same main cause include Somonauk Education Foundation Inc ($55k), Olivet Private School Inc ($55k) and Bill Goodling Teacher Scholarship Fund ($55k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.