LA Cueva Band Boosters

Analysis

LA Cueva Band Boosters is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in July 2005, 21 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 May 2023, LA Cueva Band Boosters reported income of $173k and spending of $178k, spending 103% of its income. Across the 2 years on record, from May 2022 to May 2023, income fell from $173k to $173k (-0.1%), an average of -0.1% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Cueva Band Boosters 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 50th percentile, and in the 47th percentile within NM. Charities of a similar size with the same main cause include Able Flight Inc ($173k), Harrison Education Foundation a NJ Nonprofit Corporation ($173k) and Shooting Star Foundation Inc ($173k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 3.5% of the total. At year end it held assets of $23k against liabilities of $28k, net assets of -$4,912.