Mission Viejo High School Instrumental Music Boosters Associ

Analysis

Mission Viejo High School Instrumental Music Boosters Associ is a registered charity in United States, based in Mission Viejo, CA. It received its IRS tax-exemption ruling in May 1973, 53 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 2023, Mission Viejo High School Instrumental Music Boosters Associ reported income of $96k and spending of $94k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $157k to $96k (-39%), an average of -15% a year. The sharpest change came in the year to June 2022, when income rose by 187%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mission Viejo High School Instrumental Music Boosters Associ sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Nevada Automobile Museum ($96k), Cambridge Area Resource Team Inc ($96k) and Greater Hartford Chamber of Commerce Foundation Inc ($96k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 58% of the total. At year end it held assets of $62k against liabilities of $12k, net assets of $49k.