Oak Instrumental Music Booster Club

Analysis

Oak Instrumental Music Booster Club is a registered charity in United States, based in Los Alamitos, CA. It received its IRS tax-exemption ruling in February 2024, 2 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 2024, Oak Instrumental Music Booster Club reported income of $58k and spending of $58k, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $58k to $58k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to June 2024, when income rose by 92%. 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, Oak Instrumental Music Booster Club sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Tiger Nation Booster Club ($58k), Earl E & Elmyra Susie J Euler Wathena High School Scholarship TR ($58k) and Red Hook Education Foundation ($58k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 67% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.