Allatoona Band Booster Association

Analysis

Allatoona Band Booster Association is a registered charity in United States, based in Acworth, GA. It received its IRS tax-exemption ruling in January 2020, 6 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 May 2024, Allatoona Band Booster Association reported income of $232k and spending of $203k, spending 88% of its income. Across the 4 years on record, from May 2020 to May 2024, income grew from $196k to $232k (+18%), an average of +5.7% a year. The sharpest change came in the year to May 2023, when income rose by 90%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Allatoona Band Booster Association sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within GA. Charities of a similar size with the same main cause include Jain Academic Foundation of North America ($232k), Edmonds Woodway High School Athletic Booster Club ($232k) and Eleanor Roosevelt High School Bands and Color Guard Boosters ($232k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 61% and program service revenue 14% of the total. At year end it held assets of $228k against liabilities of $2,442, net assets of $226k.