Montrose High School Band Boosters Inc

Analysis

Montrose High School Band Boosters Inc is a registered charity in United States, based in Montrose, CO. It received its IRS tax-exemption ruling in November 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 June 2023, Montrose High School Band Boosters Inc reported income of $103k and spending of $87k, spending 85% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $63k to $103k (+63%), an average of +63% a year. The sharpest change came in the year to June 2023, when income rose by 63%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montrose High School Band Boosters Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within CO. Charities of a similar size with the same main cause include Mulligan Concept Teacher Association ($103k), Forever 49 Foundation ($103k) and Diablo Basics Program Parents Club at Monte Gardens ($103k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.