Barberton Band Boosters Inc

Analysis

Barberton Band Boosters Inc is a registered charity in United States, based in Barberton, OH. It received its IRS tax-exemption ruling in May 1990, 36 years ago. 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, Barberton Band Boosters Inc reported income of $90k and spending of $117k, spending 130% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $190k to $90k (-52%), an average of -14% a year. The sharpest change came in the year to June 2022, when income rose by 140%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Barberton Band Boosters Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within OH. Charities of a similar size with the same main cause include Lakeside Historical Society ($90k), Little League Baseball Inc ($90k) and PTA Florida Congress ($90k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.7% and program service revenue 80% of the total. At year end it held assets of $38k against liabilities of $388, net assets of $38k.