Jasper Band Parents Inc

Analysis

Jasper Band Parents Inc is a registered charity in United States, based in Jasper, IN. It received its IRS tax-exemption ruling in January 1981, 45 years ago. 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, Jasper Band Parents Inc reported income of $224k and spending of $276k, spending 123% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $191k to $224k (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jasper Band Parents Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include North County Youth Soccer Association ($224k), Watertown Historical Society ($224k) and Community Partners in Asthma Care Inc ($224k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.