Edina Band Boosters

Analysis

Edina Band Boosters is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in October 2023, 3 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 2024, Edina Band Boosters reported income of $85k and spending of $103k, spending 121% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $117k to $85k (-27%), an average of -7.5% a year. The sharpest change came in the year to June 2022, when income rose by 166%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edina Band Boosters sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MN. Charities of a similar size with the same main cause include Conner Taylor Change4conner Foundation Inc ($85k), John Mallinger Charitable Foundation ($85k) and Turning the Tide ($85k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 62% of the total. At year end it held assets of $43k against liabilities of $560, net assets of $42k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.