Stebbins Music Boosters

Analysis

Stebbins Music Boosters is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Stebbins Music Boosters reported income of $63k and spending of $52k, spending 81% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $74k to $63k (-14%), an average of -7.5% a year. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Stebbins Music Boosters sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Baco Che-Na-Wah Bazaar Foundation ($63k), Malcolm X Shabazz Foundation ($63k) and Melvin and Betty Fine Foundation Inc ($63k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.6% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.