Vernonia Booster Club

Analysis

Vernonia Booster Club is a registered charity in United States, based in Vernonia, OR. It received its IRS tax-exemption ruling in October 1982, 44 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 2023, Vernonia Booster Club reported income of $153k and spending of $15k, leaving 90% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $245k to $153k (-38%), an average of -38% a year. The sharpest change came in the year to June 2023, when income dropped by 38%. Over the whole period it spent 30% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vernonia Booster Club sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OR. Charities of a similar size with the same main cause include Ministerio Mujeres Restauradas Por Dios Inc ($153k), Eye Tumor Research Foundation Inc ($153k) and North Carolina Foundation for Alcohol and Drug Studies Inc ($153k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $429k against liabilities of $0, net assets of $429k.