Douglas Anderson Band Boosters Inc

Analysis

Douglas Anderson Band Boosters Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in July 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, Douglas Anderson Band Boosters Inc reported income of $125k and spending of $183k, spending 147% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $270k to $125k (-54%), an average of -54% a year. The sharpest change came in the year to June 2024, when income dropped by 54%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Douglas Anderson Band Boosters Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Dyersburg Dyer County Public Library Foundation ($125k), Palacios Library Incorporated ($125k) and Philadelphia Chapter National Association of Corporate Directors ($125k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.