Cuthbertson Band Boosters

Analysis

Cuthbertson Band Boosters is a registered charity in United States, based in Waxhaw, NC. It received its IRS tax-exemption ruling in December 2010, 16 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 June 2024, Cuthbertson Band Boosters reported income of $193k and spending of $149k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $129k to $193k (+50%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 420%. 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, Cuthbertson Band Boosters sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include Bright Beginnings Christian Preschool ($193k), Tucson Firefighters Benevolent Association Inc ($193k) and Daystar Education Inc ($193k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 50% of the total. At year end it held assets of $216k against liabilities of $4,190, net assets of $212k.