Gahanna Lincoln Instrumental Music Boosters

Analysis

Gahanna Lincoln Instrumental Music Boosters is a registered charity in United States, based in Gahanna, OH. It received its IRS tax-exemption ruling in June 2009, 17 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, Gahanna Lincoln Instrumental Music Boosters reported income of $138k and spending of $108k, leaving 22% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $112k to $138k (+23%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 131%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gahanna Lincoln Instrumental Music Boosters sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include Otha E Herring Scholarship Fund I ($138k), Muhlenberg County High School Band Booster Club ($138k) and North Montco Educational Foundation ($138k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $192k against liabilities of $0, net assets of $192k.