Ringgold Band Boosters Inc

Analysis

Ringgold Band Boosters Inc is a registered charity in United States, based in Ringgold, GA. It received its IRS tax-exemption ruling in October 2022, 4 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 May 2024, Ringgold Band Boosters Inc reported income of $113k and spending of $104k, spending 92% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $74k to $113k (+54%), an average of +9.0% a year. The sharpest change came in the year to May 2022, when income rose by 95%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ringgold Band Boosters Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within GA. Charities of a similar size with the same main cause include Batchelder Parents Organization ($113k), Bethany Public Schools Foundation ($113k) and Colorado Association for Bilingual Education ($113k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 61% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.