Carroll High School Instrumental Music Program Inc

Analysis

Carroll High School Instrumental Music Program Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in May 2004, 22 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, Carroll High School Instrumental Music Program Inc reported income of $331k and spending of $300k, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $229k to $331k (+45%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 150%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carroll High School Instrumental Music Program Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IN. Charities of a similar size with the same main cause include Midland Energy Library ($331k), Westside Christian School Inc ($331k) and The Clarksburg Childrens House Inc ($331k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.5% and program service revenue 54% of the total. At year end it held assets of $119k against liabilities of $74k, net assets of $45k.