Chesterton High School Music Boosters Association

Analysis

Chesterton High School Music Boosters Association is a registered charity in United States, based in Chesterton, IN. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chesterton High School Music Boosters Association reported income of $107k and spending of $94k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $107k (+93%), an average of +93% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chesterton High School Music Boosters Association sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within IN. Charities of a similar size with the same main cause include Kallol ($107k), Nunnbetter Dance Theatre Inc ($107k) and Sanctuary of Tao ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.9% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.