Petaluma High School Music Boosters Inc

Analysis

Petaluma High School Music Boosters Inc is a registered charity in United States, based in Petaluma, CA. It received its IRS tax-exemption ruling in November 2010, 16 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, Petaluma High School Music Boosters Inc reported income of $95k and spending of $109k, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $104k to $95k (-8.0%), an average of -2.1% a year. The sharpest change came in the year to June 2023, when income rose by 663%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Petaluma High School Music Boosters Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Bensalem Education Foundation Inc ($95k), Aaa Chess Club ($95k) and Mujeres Migrantes En Progreso ($95k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 11% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.