Newport Boosters Club Inc C/O David a Wetmore

Analysis

Newport Boosters Club Inc C/O David a Wetmore is a registered charity in United States, based in Newport, OR. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Newport Boosters Club Inc C/O David a Wetmore reported income of $354k and spending of $254k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $268k to $354k (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 2373%. Over the whole period it spent 30% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Newport Boosters Club Inc C/O David a Wetmore sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within OR. Charities of a similar size with the same main cause include Texas Tennis Coaches Association ($354k), Guadalupe Holding Company ($354k) and Barn of Winter Street Inc ($354k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $4.3m against liabilities of $333k, net assets of $3.9m.