Tocoi Creek Arts Booster Club

Analysis

Tocoi Creek Arts Booster Club is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Tocoi Creek Arts Booster Club reported income of $257k and spending of $238k, spending 93% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $196k to $257k (+31%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tocoi Creek Arts Booster Club sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Illinois Amish Information Exhibits ($257k), Arts Etc ($257k) and Oakland East Bay Gay Mens Chorus ($257k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.4% and program service revenue 83% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.