Centennial High School Orchestra Booster

Analysis

Centennial High School Orchestra Booster is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in January 2015, 11 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, Centennial High School Orchestra Booster reported income of $143k and spending of $147k, spending 103% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $56k to $143k (+154%), an average of +154% a year. The sharpest change came in the year to May 2024, when income rose by 154%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Centennial High School Orchestra Booster sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include 21 Hope Foundation Inc ($143k), Florida Association of Veteran Education Specialist Inc ($143k) and Burlington High School Alumni Scholarship Foundation ($143k).

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 $26k against liabilities of $0, net assets of $26k.