Bexley Music Parents

Analysis

Bexley Music Parents is a registered charity in United States, based in Bexley, OH. It received its IRS tax-exemption ruling in October 1967, 59 years ago. 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, Bexley Music Parents reported income of $109k and spending of $108k, spending 99% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $100k to $109k (+8.8%), an average of +4.3% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bexley Music Parents sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within OH. Charities of a similar size with the same main cause include St Anthony Hospital Foundation ($109k), Urbanna Oyster Festival Foundation ($109k) and Association of Fundraising Professionals ($109k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.3% and program service revenue 93% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.