Cavalier Band Boosters

Analysis

Cavalier Band Boosters is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Cavalier Band Boosters reported income of $87k and spending of $83k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $66k to $87k (+31%), an average of +31% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cavalier Band Boosters sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include Local Access ($87k), Rotary District 6460 Foundation ($87k) and Norfolk Lions Charities Inc ($87k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.9% and program service revenue 64% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.