Milford Public School Band Boosters

Analysis

Milford Public School Band Boosters is a registered charity in United States, based in Milford, OH. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Milford Public School Band Boosters reported income of $191k and spending of $222k, spending 116% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $254k to $191k (-25%), an average of -5.5% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milford Public School Band Boosters sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Physician-Patient Alliance for Health & Safety ($191k), Confessional Lutheran Education Foundation ($192k) and Entrepreneurs Organization ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 48% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.