Gulf Coast High School Band Aid Club Inc

Analysis

Gulf Coast High School Band Aid Club Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2023, Gulf Coast High School Band Aid Club Inc reported income of $236k and spending of $228k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $214k to $236k (+9.9%), an average of +2.4% a year. The sharpest change came in the year to June 2022, when income rose by 83%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gulf Coast High School Band Aid Club Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Artists Alliance Inc ($236k), Art & Soul Oakland ($236k) and Vasa Order of America ($236k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 32% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.