Pennsbury Instrumental Music Boosters Incorporated

Analysis

Pennsbury Instrumental Music Boosters Incorporated is a registered charity in United States, based in Fairless HLS, PA. It received its IRS tax-exemption ruling in January 1994, 32 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, Pennsbury Instrumental Music Boosters Incorporated reported income of $52k and spending of $169k, spending 325% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $181k to $52k (-71%), an average of -71% a year. The sharpest change came in the year to June 2024, when income dropped by 71%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pennsbury Instrumental Music Boosters Incorporated sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Elliott Fam TR Fbo Kentucky Christian College Scholarship Fund ($52k), Kiel Educational Endowment Fund Inc ($52k) and Boone Meadow Parent Teacher Organization ($52k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 56% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.