GW Band Parent Association Inc

Analysis

GW Band Parent Association Inc is a registered charity in United States, based in Danville, VA. It received its IRS tax-exemption ruling in February 2016, 10 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, GW Band Parent Association Inc reported income of $52k and spending of $71k, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $84k to $52k (-38%), an average of -11% a year. The sharpest change came in the year to June 2020, when income rose by 64%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, GW Band Parent Association Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within VA. Charities of a similar size with the same main cause include Frederick Douglass High School Alumni Association Incorporated ($52k), Foothill High School Parent Teacher Organization Inc ($52k) and Friends of the Library Windham New Hampshire ($52k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.