F J Reitz High School Instrumental Music Booster Club

Analysis

F J Reitz High School Instrumental Music Booster Club is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in November 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, F J Reitz High School Instrumental Music Booster Club reported income of $355k and spending of $390k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $53k to $355k (+566%), an average of +61% a year. The sharpest change came in the year to June 2022, when income rose by 177%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, F J Reitz High School Instrumental Music Booster Club sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within IN. Charities of a similar size with the same main cause include California Council for the Social Studies Inc ($355k), Habitat for Humanity International Inc ($355k) and Spokes Unlimited ($355k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $121k against liabilities of $30k, net assets of $91k.