Saginaw Band Boosters

Analysis

Saginaw Band Boosters is a registered charity in United States, based in Saginaw, TX. It received its IRS tax-exemption ruling in November 2005, 21 years ago. 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 May 2024, Saginaw Band Boosters reported income of $169k and spending of $181k, spending 107% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income grew from $166k to $169k (+1.6%), an average of +1.6% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saginaw Band Boosters sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Society of the Missionaries of St Francis Xavier ($169k), Seattle Childrens Hospital ($169k) and Locust Street Neighborhood Art Classes Inc ($169k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 1.2% and program service revenue 76% of the total. At year end it held assets of $134k against liabilities of $0, net assets of $134k.