Munford High School Band Boosters

Analysis

Munford High School Band Boosters is a registered charity in United States, based in Munford, TN. It received its IRS tax-exemption ruling in September 2009, 17 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, Munford High School Band Boosters reported income of $274k and spending of $287k, spending 105% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $204k to $274k (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2022, when income rose by 92%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Munford High School Band Boosters sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within TN. Charities of a similar size with the same main cause include Childrens School of Science Inc ($274k), 4200 N 51st Inc ($274k) and Koinonia Homeschool Support Group Corporation ($274k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 47% of the total. At year end it held assets of $165k against liabilities of $0, net assets of $165k.