Riverside High School Band Boosters Inc

Analysis

Riverside High School Band Boosters Inc is a registered charity in United States, based in Greer, SC. It received its IRS tax-exemption ruling in February 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Riverside High School Band Boosters Inc reported income of $149k and spending of $165k, spending 111% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $96k to $149k (+56%), an average of +56% a year. The sharpest change came in the year to June 2024, when income rose by 56%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Riverside High School Band Boosters Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within SC. Charities of a similar size with the same main cause include Stone Harbor Museum Corporation ($149k), Musique Sur LA Mer Orchestras Inc ($149k) and On-Stage Foundation Inc ($149k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 29% of the total. At year end it held assets of $109k against liabilities of $15k, net assets of $95k.