Henry Clay High School Band Boosters Inc

Analysis

Henry Clay High School Band Boosters Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in December 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Henry Clay High School Band Boosters Inc reported income of $188k and spending of $225k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $251k to $188k (-25%), an average of -7.0% a year. The sharpest change came in the year to June 2022, when income rose by 65%. 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, Henry Clay High School Band Boosters Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within KY. Charities of a similar size with the same main cause include Seeds Arts and Education Inc ($188k), United Education Foundation Inc ($188k) and The Green Halo Foundation ($188k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 28% of the total. At year end it held assets of $203k against liabilities of $7,432, net assets of $195k.