Granbury Band Booster Club Inc

Analysis

Granbury Band Booster Club Inc is a registered charity in United States, based in Granbury, TX. It received its IRS tax-exemption ruling in February 2012, 14 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 July 2024, Granbury Band Booster Club Inc reported income of $147k and spending of $125k, spending 85% of its income. Across the 5 years on record, from July 2019 to July 2024, income fell from $255k to $147k (-42%), an average of -13% a year. The sharpest change came in the year to July 2023, when income rose by 55%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Granbury Band Booster Club Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Crossett Riding Club ($147k), Rodeo Boosters ($147k) and Santa Monica Fire Fighters Relief Fund ($147k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 23% and program service revenue 61% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.