Cane Bay High School Band Boosters

Analysis

Cane Bay High School Band Boosters is a registered charity in United States, based in Summerville, SC. It received its IRS tax-exemption ruling in September 2015, 11 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, Cane Bay High School Band Boosters reported income of $135k and spending of $121k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $92k to $135k (+48%), an average of +48% a year. The sharpest change came in the year to June 2024, when income rose by 48%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cane Bay High School Band Boosters sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within SC. Charities of a similar size with the same main cause include Illinois Art Education Assn ($135k), Tolstoy Education Foundation ($135k) and Friends of Mandarin Immersion Program ($135k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 85% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.