Siegel High School Band Boosters Club

Analysis

Siegel High School Band Boosters Club is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in November 2003, 23 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, Siegel High School Band Boosters Club reported income of $151k and spending of $197k, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $347k to $151k (-56%), an average of -19% a year. The sharpest change came in the year to June 2021, when income dropped by 42%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Siegel High School Band Boosters Club sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within TN. Charities of a similar size with the same main cause include Ashton Johnson Memorial Clouddancer Scholarship ($151k), Home Sweet Home Community Redevelopment Co ($151k) and Aidspirit USA ($151k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.8% and program service revenue 71% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.