Hancock College Boosters Inc

Analysis

Hancock College Boosters Inc is a registered charity in United States, based in Santa Maria, CA. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hancock College Boosters Inc reported income of $180k and spending of $132k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $160k to $180k (+13%), an average of +13% a year. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hancock College Boosters Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Composition Roofers Joint Apprenticeship Committee ($180k), Shallowater Education Foundation ($180k) and Bloom Carroll Athletic Boosters ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $134k against liabilities of $0, net assets of $134k.