Ferndale Schools Fine Arts Boosters

Analysis

Ferndale Schools Fine Arts Boosters is a registered charity in United States, based in Ferndale, MI. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ferndale Schools Fine Arts Boosters reported income of $177k and spending of $208k, spending 118% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $231k to $177k (-23%), an average of -5.2% a year. The sharpest change came in the year to June 2022, when income rose by 71%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ferndale Schools Fine Arts Boosters sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Unity Foundation ($177k), Wylie High School Band Boosters ($177k) and Unity Christian Partner Society ($177k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 49% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.