Midlothian Band Boosters

Analysis

Midlothian Band Boosters is a registered charity in United States, based in Midlothian, TX. It received its IRS tax-exemption ruling in August 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, Midlothian Band Boosters reported income of $288k and spending of $281k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $244k to $288k (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Midlothian 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 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include The Wolverine Football Club ($288k), Milford Schools Foundation ($288k) and Nelson County Schools Community Support Inc ($288k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.