Wakeland High School Band Boosters

Analysis

Wakeland High School Band Boosters is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in November 2006, 20 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 2024, Wakeland High School Band Boosters reported income of $387k and spending of $428k, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $309k to $387k (+25%), an average of +5.7% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wakeland High School Band Boosters sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include American Association of Hispanics in Higher Education Inc ($387k), American Indian Chamber of Commerce of Wisconsin Inc ($387k) and Gifted Resource Council ($387k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $146k against liabilities of $1,147, net assets of $145k.