Ronald Regan High School Band Booster Club

Analysis

Ronald Regan High School Band Booster Club is a registered charity in United States, based in Pfafftown, NC. It received its IRS tax-exemption ruling in September 2008, 18 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 June 2023, Ronald Regan High School Band Booster Club reported income of $87k and spending of $119k, spending 137% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $145k to $87k (-40%), an average of -40% a year. The sharpest change came in the year to June 2023, when income dropped by 40%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ronald Regan High School Band Booster Club sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within NC. Charities of a similar size with the same main cause include Northern Wayne Community Library ($87k), D R I V E One ($87k) and Iron Workers Local No 63 Helps Inc NFP ($87k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 65% of the total. At year end it held assets of $44k against liabilities of $20k, net assets of $23k.