Panther Creek High School Choral Boosters

Analysis

Panther Creek High School Choral Boosters is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in April 2014, 12 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 July 2024, Panther Creek High School Choral Boosters reported income of $58k and spending of $58k, spending 101% of its income. Across the 3 years on record, from July 2020 to July 2024, income grew from $55k to $58k (+4.1%), an average of +2.1% a year. The sharpest change came in the year to July 2024, when income rose by 25%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Panther Creek High School Choral Boosters sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within NC. Charities of a similar size with the same main cause include Sophies Home & After School Inc ($58k), North Shore Middle School Parent Teacher Student Organization Ptso ($58k) and Prospect Band Boosters Club Inc ($58k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 21% and program service revenue 73% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.