The Sebastian River High School Band Boosters Inc

Analysis

The Sebastian River High School Band Boosters Inc is a registered charity in United States, based in Sebastian, FL. 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 May 2023, The Sebastian River High School Band Boosters Inc reported income of $182k and spending of $226k, spending 125% of what it took in. Across the 4 years on record, from May 2019 to May 2023, income fell from $272k to $182k (-33%), an average of -13% a year. The sharpest change came in the year to May 2022, when income dropped by 17%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Sebastian River High School Band Boosters Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include National Ebs Association ($182k), Bridge Foundry Inc ($182k) and Lakeland Senior High School Boosters Club Inc ($182k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $91k. At year end it held assets of $33k against liabilities of $16k, net assets of $17k.