Cypress Woods Band Boosterassociation

Analysis

Cypress Woods Band Boosterassociation is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in December 2007, 19 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, Cypress Woods Band Boosterassociation reported income of $419k and spending of $454k, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $324k to $419k (+30%), an average of +9.0% a year. The sharpest change came in the year to June 2022, when income rose by 147%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cypress Woods Band Boosterassociation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Eliot School Parent Council ($419k), Steamboat Reading Inc ($420k) and Special Education Legal Fund Inc ($419k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 70% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.