El Toro High School Music Boosters

Analysis

El Toro High School Music Boosters is a registered charity in United States, based in Lake Forest, CA. It received its IRS tax-exemption ruling in May 1974, 52 years ago. 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 June 2024, El Toro High School Music Boosters reported income of $147k and spending of $133k, spending 91% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $91k to $147k (+61%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, El Toro High School Music Boosters sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Orchard Park Fire Company Number One ($147k), Allied Productions Inc ($147k) and Acts 19 Ministries ($147k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.