Oldham County High School Band Boosters Inc

Analysis

Oldham County High School Band Boosters Inc is a registered charity in United States, based in LA Grange, KY. It received its IRS tax-exemption ruling in November 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 2023, Oldham County High School Band Boosters Inc reported income of $59k and spending of $45k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $182k to $59k (-67%), an average of -67% a year. The sharpest change came in the year to June 2023, when income dropped by 67%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oldham County High School Band Boosters Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within KY. Charities of a similar size with the same main cause include Verdi Elementary School Parent Faculty Assn ($59k), Washington Irving Parent Teacher Organization Inc ($59k) and Indiana Congress of Parents and Teachers Inc ($59k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 29% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.