Hernando Band Boosters Club Inc

Analysis

Hernando Band Boosters Club Inc is a registered charity in United States, based in Hernando, MS. It received its IRS tax-exemption ruling in April 2012, 14 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 June 2023, Hernando Band Boosters Club Inc reported income of $153k and spending of $160k, spending 105% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $171k to $153k (-11%), an average of -11% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hernando Band Boosters Club Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within MS. Charities of a similar size with the same main cause include Parada Del Sol Parade and Trails End ($153k), Elevate NJ ($153k) and Northmoor Education Foundation ($153k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 45% of the total. At year end it held assets of $7,981 against liabilities of $0, net assets of $7,981.