Lewisville High School Bandboosters

Analysis

Lewisville High School Bandboosters is a registered charity in United States, based in Lewisville, TX. It received its IRS tax-exemption ruling in October 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 December 2023, Lewisville High School Bandboosters reported income of $263k and spending of $268k, spending 102% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $205k to $263k (+29%), an average of +5.2% a year. The sharpest change came in the year to December 2019, when income rose by 33%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lewisville High School Bandboosters sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Empowerment Factory ($263k), Caribbean American Cultural Group Inc ($263k) and 26 2 Foundation Inc ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.