Greenfield Central Community School Band Boosters

Analysis

Greenfield Central Community School Band Boosters is a registered charity in United States, based in Greenfield, IN. It received its IRS tax-exemption ruling in July 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 May 2023, Greenfield Central Community School Band Boosters reported income of $226k and spending of $210k, spending 93% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $258k to $226k (-12%), an average of -3.3% a year. The sharpest change came in the year to May 2022, when income rose by 73%. 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, Greenfield Central Community School Band Boosters sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include Amateur Field Trial Clubs of America Inc ($226k), Arizona Interscholastic Athletic Administrators Association ($226k) and Pop Warner Little Scholars Inc ($226k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 51% and program service revenue 12% of the total. At year end it held assets of $19k against liabilities of $16k, net assets of $3,106.