Roscomare School Booster Club

Analysis

Roscomare School Booster Club is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1987, 39 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, Roscomare School Booster Club reported income of $733k and spending of $823k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $672k to $733k (+9.2%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Roscomare School Booster Club 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 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include American Heartworm Society Inc ($733k), Upstate Emergency Medical Services Council Inc ($733k) and Camp Wyoming ($733k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 26% of the total. Other salaries and wages came to $127k. At year end it held assets of $243k against liabilities of $579, net assets of $242k. It reported 12 employees.