Lakewood Band Boosters Inc

Analysis

Lakewood Band Boosters Inc is a registered charity in United States, based in Hebron, OH. It received its IRS tax-exemption ruling in July 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 December 2023, Lakewood Band Boosters Inc reported income of $114k and spending of $106k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $114k (+8.3%), an average of +8.3% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakewood Band Boosters Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include Middlewest Region Chi Eta Phi Sorority Inc ($114k), Elite Academy Scholarship Fund ($114k) and McDowell Baseball Boosters ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 39% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.