LA Paz Music Boosters

Analysis

LA Paz Music Boosters is a registered charity in United States, based in Mission Viejo, CA. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, LA Paz Music Boosters reported income of $63k and spending of $56k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $62k to $63k (+1.2%), an average of +1.2% a year. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, LA Paz Music Boosters sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Dover Band Boosters ($63k), Antique & Classic Boat Society No Cal-Lake Tahoe Chapter ($63k) and Highland Area Arts Council ($63k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 29% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.