Live Oak High School Band and Color Guard Boosters Club Inc

Analysis

Live Oak High School Band and Color Guard Boosters Club Inc is a registered charity in United States, based in Morgan Hill, CA. It received its IRS tax-exemption ruling in March 1975, 51 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 July 2024, Live Oak High School Band and Color Guard Boosters Club Inc reported income of $304k and spending of $279k, spending 92% of its income. Across the 4 years on record, from July 2020 to July 2024, income grew from $237k to $304k (+28%), an average of +8.7% a year. The sharpest change came in the year to July 2022, when income rose by 90%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Live Oak High School Band and Color Guard Boosters Club Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Rotary Club of Gainesville Foundation Inc ($304k), Central New York Laborers Training Fund ($304k) and Friends of the Johnson County Library Inc ($304k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 2.3% and program service revenue 9.5% of the total. At year end it held assets of $372k against liabilities of $0, net assets of $372k.