Interlake Spirit Boosters

Analysis

Interlake Spirit Boosters is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Interlake Spirit Boosters reported income of $59k and spending of $48k, spending 82% of its income. Across the 2 years on record, from June 2020 to June 2024, income grew from $48k to $59k (+23%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Interlake Spirit Boosters sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 17th percentile within WA. Charities of a similar size with the same main cause include Rotary District 5190 Eighth Grade Leadership Regl ($59k), Aviation Exploration Base Inc ($59k) and Board of Regents of the University of Wisconsin System ($59k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.