Legacy Bronco Band Boosters

Analysis

Legacy Bronco Band Boosters is a registered charity in United States, based in Mansfield, TX. It received its IRS tax-exemption ruling in August 2008, 18 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, Legacy Bronco Band Boosters reported income of $79k and spending of $87k, spending 110% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $48k to $79k (+66%), an average of +66% a year. The sharpest change came in the year to June 2024, when income rose by 66%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Legacy Bronco Band Boosters sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include TPL Foundation Inc ($79k), Castle High School Show Choir Booster Club Inc ($79k) and Neighborhood Story Project Inc ($79k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 45% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.