Gig Harbor High School Sport Boosters

Analysis

Gig Harbor High School Sport Boosters is a registered charity in United States, based in Gig Harbor, WA. It received its IRS tax-exemption ruling in September 1992, 34 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 July 2023, Gig Harbor High School Sport Boosters reported income of $333k and spending of $276k, spending 83% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $209k to $333k (+59%), an average of +12% a year. The sharpest change came in the year to July 2022, when income rose by 1583%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gig Harbor High School Sport Boosters sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within WA. Charities of a similar size with the same main cause include Blue Mountain Broadcasting Association ($333k), Rusk Cares-The Good Samaritan ($333k) and Slavic International Association of Ministries Good Samaritan ($333k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $252k against liabilities of $0, net assets of $252k.