Ramona Dynasty Music Booster Association

Analysis

Ramona Dynasty Music Booster Association is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in April 1987, 39 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 2023, Ramona Dynasty Music Booster Association reported income of $82k and spending of $153k, spending 187% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $330k to $82k (-75%), an average of -37% a year. The sharpest change came in the year to June 2020, when income dropped by 51%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ramona Dynasty Music Booster Association sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Quinsigamond Village Community Center ($82k), PTA California Congress of Parents Teachers & Students Inc ($82k) and Korean School of New York Inc ($82k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 0.4% of the total. At year end it held assets of -$71k against liabilities of $0, net assets of -$71k.