Palmetto Ridge Highschool Band Boosters Inc

Analysis

Palmetto Ridge Highschool Band Boosters Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in August 2006, 20 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 December 2023, Palmetto Ridge Highschool Band Boosters Inc reported income of $234k and spending of $237k, spending 101% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $197k to $234k (+19%), an average of +9.0% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Palmetto Ridge Highschool Band Boosters Inc sits at the 57th percentile: it is larger than about 57% 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 Community United Outreach Inc ($234k), Samuel School ($234k) and Cheltenham Township Adult School ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 17% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.