Northmont Band Boosters

Analysis

Northmont Band Boosters is a registered charity in United States, based in Englewood, OH. It received its IRS tax-exemption ruling in October 1996, 30 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 December 2023, Northmont Band Boosters reported income of $214k and spending of $157k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $167k to $214k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northmont Band Boosters 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 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Woodside Nursery School ($214k), Lake Havasu High School Athleticbooster Club Inc ($214k) and Blessing Hands Inc ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 11% of the total. At year end it held assets of $286k against liabilities of $1,927, net assets of $284k.