Musselman High School Band Boosters Inc

Analysis

Musselman High School Band Boosters Inc is a registered charity in United States, based in Inwood, WV. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Musselman High School Band Boosters Inc reported income of $75k and spending of $65k, spending 86% of its income. Across the 4 years on record, from May 2019 to May 2023, income fell from $119k to $75k (-37%), an average of -14% a year. The sharpest change came in the year to May 2023, when income rose by 46%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Musselman High School Band Boosters Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within WV. Charities of a similar size with the same main cause include Parent Booster USA Inc ($75k), Whitesville Public Library ($75k) and Friends of the Wellesley Free Libraries Inc ($75k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 11% and program service revenue 40% of the total. At year end it held assets of $56k against liabilities of $8,627, net assets of $47k.