Palmyra Area High School Band

Analysis

Palmyra Area High School Band is a registered charity in United States, based in Palmyra, PA. It received its IRS tax-exemption ruling in July 2010, 16 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 April 2024, Palmyra Area High School Band reported income of $63k and spending of $42k, leaving 33% of income unspent that year. Across the 3 years on record, from April 2022 to April 2024, income grew from $23k to $63k (+176%), an average of +66% a year. The sharpest change came in the year to April 2024, when income rose by 99%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Palmyra Area High School Band sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include NJ Hunmin Korean Culture School ($63k), Southern Community Hospice Care Inc ($63k) and Cornelia Elementary PTO ($63k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 0.3% and program service revenue 65% of the total. At year end it held assets of $128k against liabilities of $0, net assets of $128k.