Kiski Area Instrumental Music Boosters Inc
Analysis
Kiski Area Instrumental Music Boosters Inc is a registered charity in United States, based in Vandergrift, PA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2023, Kiski Area Instrumental Music Boosters Inc reported income of $288k and spending of $331k, spending 115% of what it took in. Across the 4 years on record, from May 2019 to May 2023, income grew from $151k to $288k (+90%), an average of +24% a year. The sharpest change came in the year to May 2022, when income rose by 244%. Over the whole period it spent 106% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Kiski Area Instrumental Music Boosters Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Salem Education Foundation ($288k), Central City Boxing & Barbell Inc ($288k) and Spirit of 67 Foundation ($288k).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.
Income and spending
Where the income comes from
- Contributions & grants 48%
- Other 52%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Salem Education Foundation | Salem | $288k |
| Central City Boxing & Barbell Inc | Springfield | $288k |
| Spirit of 67 Foundation | Lake Forest | $288k |
| Research Support Fund | Amherst | $288k |