Clarence Band Boosters Club Inc

Analysis

Clarence Band Boosters Club Inc is a registered charity in United States, based in Clarence, NY. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Clarence Band Boosters Club Inc reported income of $58k and spending of $116k, spending 200% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $147k to $58k (-61%), an average of -61% a year. The sharpest change came in the year to June 2024, when income dropped by 61%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Clarence Band Boosters Club Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Port Washington-Saukville Arts Council ($58k), Brenham Main St Historical Preservation Inc ($58k) and Bridgewire ($58k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.6% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.