Lemont High School Band Parents Association

Analysis

Lemont High School Band Parents Association is a registered charity in United States, based in Lemont, IL. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2023, Lemont High School Band Parents Association reported income of $74k and spending of $69k, spending 93% of its income. Across the 3 years on record, from June 2019 to June 2023, income fell from $208k to $74k (-64%), an average of -40% a year. The sharpest change came in the year to June 2022, when income dropped by 49%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lemont High School Band Parents Association 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 30th percentile within IL. Charities of a similar size with the same main cause include 101 East 69th Street Conservancy ($74k), Thousand Island Park Foundation Inc ($74k) and Star Chinese Language School ($74k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 43% of the total. At year end it held assets of $129k against liabilities of $0, net assets of $129k.