Forest Hills Band Boosters Inc

Analysis

Forest Hills Band Boosters Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Forest Hills Band Boosters Inc reported income of $125k and spending of $73k, leaving 42% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $97k to $125k (+29%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 59% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Forest Hills Band Boosters Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include Competitive Cheer Coaches Association of Michigan ($125k), Caddie & Leadership Academy of Se Wi Inc ($125k) and Syba Inc ($125k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 38% and program service revenue 26% of the total. At year end it held assets of $176k against liabilities of $0, net assets of $176k.