Mt Vernon Adult Athletic Boosters Inc
Analysis
Mt Vernon Adult Athletic Boosters Inc is a registered charity in United States, based in Fortville, IN. It received its IRS tax-exemption ruling in January 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Mt Vernon Adult Athletic Boosters Inc reported income of $257k and spending of $245k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $194k to $257k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 100% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mt Vernon Adult Athletic Boosters Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Valley City Baseball Association ($257k), Top of the Key Foundation Inc ($257k) and Broadmoor Skating Club Inc ($256k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Program services 19%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Valley City Baseball Association | Valley City | $257k |
| Top of the Key Foundation Inc | Decatur | $257k |
| Broadmoor Skating Club Inc | Colorado SPGS | $256k |
| Katy Girls Softball Inc | Katy | $257k |