Steele Band Boosters

Analysis

Steele Band Boosters is a registered charity in United States, based in Cibolo, TX. It received its IRS tax-exemption ruling in December 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, Steele Band Boosters reported income of $91k and spending of $67k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $44k to $91k (+105%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 177%. 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, Steele Band Boosters sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Lansing Kansas Scholarship Fund Inc ($91k), Van Hise Parent Teacher Organization Inc ($91k) and NC Ram Football Association Inc ($91k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.4% of the total. At year end it held assets of $207k against liabilities of $11k, net assets of $196k.