Covina High Track Boosters Inc

Analysis

Covina High Track Boosters Inc is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in August 2023, 3 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Covina High Track Boosters Inc reported income of $61k and spending of $58k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $61k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Covina High Track Boosters Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Rockport New Years Eve Inc ($61k), Terre Haute Miss Softball America Inc ($61k) and Mirage Blue Line Club Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 33% of the total. At year end it held assets of $4,720 against liabilities of $0, net assets of $4,720.