Spring Grove Music Boosters
Analysis
Spring Grove Music Boosters is a registered charity in United States, based in Spring Grove, PA. It received its IRS tax-exemption ruling in April 2014, 12 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 June 2024, Spring Grove Music Boosters reported income of $83k and spending of $79k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $163k to $83k (-49%), an average of -49% a year. The sharpest change came in the year to June 2024, when income dropped by 49%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Spring Grove Music Boosters sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Friends of the Belmont Public Library Incorporated ($83k), Harmony Helpers Co ($83k) and Yakima Valley Visitors & Convention Foundation ($83k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.9% of the total. At year end it held assets of $188k against liabilities of $0, net assets of $188k.
Income and spending
Where the income comes from
- Contributions & grants 1.9%
- Other 98%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of the Belmont Public Library Incorporated | Belmont | $83k |
| Harmony Helpers Co | Medina | $83k |
| Yakima Valley Visitors & Convention Foundation | Yakima | $83k |
| Play for Kate Inc | Newburgh | $83k |