The Shorewood Boosters

Analysis

The Shorewood Boosters is a registered charity in United States, based in Shoreline, WA. It received its IRS tax-exemption ruling in January 1985, 41 years ago. 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 2024, The Shorewood Boosters reported income of $148k and spending of $141k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $123k to $148k (+21%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Shorewood Boosters sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within WA. Charities of a similar size with the same main cause include Al-Anon Family Groups Office of Southern California Inc ($148k), Christian Crusaders ($148k) and New Beginnings of Northwest Hills Litchfield County Inc ($148k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 31% of the total. At year end it held assets of $48k against liabilities of $5,861, net assets of $42k.