Lakeside Band Association Inc

Analysis

Lakeside Band Association Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 2017, 9 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 May 2024, Lakeside Band Association Inc reported income of $65k and spending of $71k, spending 109% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income grew from $63k to $65k (+3.9%), an average of +3.9% a year. 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, Lakeside Band Association Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within GA. Charities of a similar size with the same main cause include Muir Elementary PTO ($65k), Springfield High School Athletic Boosters Club ($65k) and Riverdale High School Band Booster Club ($65k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.