School of the Arts Band Boosters

Analysis

School of the Arts Band Boosters is a registered charity in United States, based in N Charleston, SC. 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 June 2024, School of the Arts Band Boosters reported income of $168k and spending of $217k, spending 129% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $226k to $168k (-25%), an average of -14% a year. The sharpest change came in the year to June 2024, when income dropped by 27%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, School of the Arts Band Boosters sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 55th percentile within SC. Charities of a similar size with the same main cause include J L Turner Legal Association Foundation ($168k), Clark County Literacy Coalition ($168k) and Dream Out Loud Center Inc ($168k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $1,878 against liabilities of $0, net assets of $1,878.