Gilbert Band Boosters

Analysis

Gilbert Band Boosters is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in January 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Gilbert Band Boosters reported income of $202k and spending of $224k, spending 111% of what it took in. Across the 4 years on record, from May 2020 to May 2024, income fell from $222k to $202k (-9.1%), an average of -3.1% a year. The sharpest change came in the year to May 2023, when income rose by 206%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gilbert Band Boosters sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within AZ. Charities of a similar size with the same main cause include Grace Education & Business Community Center Inc ($202k), Muraoka Elementary School Parent Teacher Organization - PTO ($202k) and Young Investors Society ($202k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.