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BTWHS Music Guild Inc

RegisteredEIN 26-3359408Dallas, TXEducation and training
Income$70k2024-06
Spending$79ksame year
Spent / received112%4-year average
Size in its cause30th pctEducation and training
Exempt since2009Publicly supported organisat
Employees–latest return

Analysis

BTWHS Music Guild Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, BTWHS Music Guild Inc reported income of $70k and spending of $79k, spending 114% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income fell from $223k to $70k (-69%), an average of -32% a year. The sharpest change came in the year to June 2023, when income rose by 251%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, BTWHS Music Guild Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Colfax Elementary School Parent Teacher Organization ($70k), East Eagles Endowment Fund Inc ($70k) and Little Cedars PTA ($70k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 66% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.

Income and spending

$0$61k$121k$182k$242k2020 Income: $222,5572020 Spending: $242,25520202022 Income: $20,4872022 Spending: $36,96920222023 Income: $71,8232023 Spending: $71,06920232024 Income: $69,5672024 Spending: $79,1642024
IncomeSpending

Where the income comes from

  • Contributions & grants 66%
  • Other 34%

Similar-sized charities, same cause

CharityLocationIncome
Colfax Elementary School Parent Teacher OrganizationColfax$70k
East Eagles Endowment Fund IncGlastonbury$70k
Little Cedars PTASnohomish$70k
Cuttyhunk Steam Academy IncHanson$70k