Lone Star High School Band Boosters Association

Analysis

Lone Star High School Band Boosters Association is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Lone Star High School Band Boosters Association reported income of $353k and spending of $296k, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $186k to $353k (+90%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 80%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lone Star High School Band Boosters Association sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Yipoa Center ($353k), Journeymen Institute ($353k) and Youth Entertainment Sports Inc ($353k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 71% of the total. It paid $16k in professional fundraising fees. At year end it held assets of $123k against liabilities of $0, net assets of $123k.