Centerville Band Boosters Inc

Analysis

Centerville Band Boosters Inc is a registered charity in United States, based in Centerville, OH. It received its IRS tax-exemption ruling in May 1983, 43 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, Centerville Band Boosters Inc reported income of $426k and spending of $415k, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $332k to $426k (+28%), an average of +5.1% a year. The sharpest change came in the year to June 2020, when income rose by 71%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Centerville Band Boosters Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Peace Dale United Housing Inc ($426k), Brockerhoff House Corp ($426k) and Bowen Family Foundation ($426k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% of the total. At year end it held assets of $498k against liabilities of $0, net assets of $498k.