Larue County Band Boosters Inc

Analysis

Larue County Band Boosters Inc is a registered charity in United States, based in Hodgenville, KY. It received its IRS tax-exemption ruling in April 2006, 20 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 April 2023, Larue County Band Boosters Inc reported income of $92k and spending of $142k, spending 154% of what it took in. Across the 3 years on record, from April 2020 to April 2023, income grew from $56k to $92k (+65%), an average of +28% a year. The sharpest change came in the year to April 2022, when income rose by 34%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Larue County Band Boosters Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within KY. Charities of a similar size with the same main cause include Weston Memorial Fund ($92k), Summit School Booster Association ($92k) and Alaska Engineering Education Foundation ($92k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 2.0% and program service revenue 75% of the total. At year end it held assets of $55k against liabilities of $906, net assets of $54k.