Cary Band Boosters Club

Analysis

Cary Band Boosters Club is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in September 1972, 54 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 April 2024, Cary Band Boosters Club reported income of $534k and spending of $469k, spending 88% of its income. Across the 6 years on record, from April 2019 to April 2024, income grew from $246k to $534k (+117%), an average of +17% a year. The sharpest change came in the year to April 2023, when income rose by 145%. 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, Cary Band Boosters Club sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Montessori School of Ruston Inc ($534k), Richland Number 44 School Foundation ($534k) and Grand Beginnings ($534k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $142k against liabilities of $5,857, net assets of $136k.