Aledo Band Boosters Club

Analysis

Aledo Band Boosters Club is a registered charity in United States, based in Aledo, TX. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Aledo Band Boosters Club reported income of $201k and spending of $142k, leaving 29% of income unspent that year. Across the 3 years on record, from August 2021 to August 2023, income grew from $109k to $201k (+83%), an average of +35% a year. The sharpest change came in the year to August 2022, when income rose by 77%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aledo Band Boosters Club sits at the 54th 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 58th percentile within TX. Charities of a similar size with the same main cause include Lyme Free Library ($201k), Beam Foundation ($201k) and Wenatchee Valley College at Omak Foundation ($201k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $186k against liabilities of $0, net assets of $186k.