Hilliard Music Boosters

Analysis

Hilliard Music Boosters is a registered charity in United States, based in Hilliard, OH. It received its IRS tax-exemption ruling in May 2024, 2 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, Hilliard Music Boosters reported income of $526k and spending of $473k, spending 90% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $512k to $526k (+2.7%), an average of +0.9% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hilliard Music Boosters sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Northwest University Foundation ($526k), Financial Assistance for Independent Schools ($526k) and Concerned Parents Alliance ($526k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 42% of the total. At year end it held assets of $402k against liabilities of $0, net assets of $402k.