Fairborn Music Club Inc

Analysis

Fairborn Music Club Inc is a registered charity in United States, based in Fairborn, OH. It received its IRS tax-exemption ruling in October 1997, 29 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 March 2023, Fairborn Music Club Inc reported income of $76k and spending of $72k, spending 95% of its income. Across the 4 years on record, from April 2020 to March 2023, income fell from $85k to $76k (-11%), an average of -3.7% a year. The sharpest change came in the year to March 2021, when income dropped by 20%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fairborn Music Club Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within OH. Charities of a similar size with the same main cause include Orange County Law Enforcement Explorer Advisor Association ($76k), Parent Booster USA Inc ($76k) and Rosemount High School Foundation ($76k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 37% and program service revenue 38% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.