Elgin Music Booster Association

Analysis

Elgin Music Booster Association is a registered charity in United States, based in Green Camp, OH. It received its IRS tax-exemption ruling in May 1963, 63 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 June 2023, Elgin Music Booster Association reported income of $78k and spending of $42k, leaving 46% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $60k to $78k (+29%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elgin Music Booster Association sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include The Mike Steele Foundation for Communities in Schools ($78k), Davidsonville Elementary School Parent Teacher Organization ($78k) and The Ford Field & River Club Scholarship Fund Inc ($78k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 83% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.