Hanover High School Band Boosters

Analysis

Hanover High School Band Boosters is a registered charity in United States, based in Mechanicsvlle, VA. It received its IRS tax-exemption ruling in August 2006, 20 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, Hanover High School Band Boosters reported income of $55k and spending of $48k, spending 87% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $23k to $55k (+138%), an average of +54% a year. The sharpest change came in the year to June 2023, when income rose by 77%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hanover High School Band Boosters sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Murdock Elementary School Foundation Inc ($55k), Lakeview Area Public Library ($55k) and Canton Football Club ($55k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 57% of the total. At year end it held assets of $30k against liabilities of $25k, net assets of $4,998.