Torrance High School Band Boosters

Analysis

Torrance High School Band Boosters is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in May 2001, 25 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, Torrance High School Band Boosters reported income of $106k and spending of $126k, spending 119% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $110k to $106k (-4.3%), an average of -4.3% a year. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Torrance High School Band Boosters sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Bound Together ($106k), Audiobook Ministries ($106k) and Houston High School Cheerboosters ($106k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.