Riverside Band Boosters

Analysis

Riverside Band Boosters is a registered charity in United States, based in Painesville, OH. It received its IRS tax-exemption ruling in October 1999, 27 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, Riverside Band Boosters reported income of $73k and spending of $66k, spending 89% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $70k to $73k (+4.8%), an average of +2.4% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riverside Band Boosters 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 29th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include Broadcast Pioneers of Philadelphia ($73k), Upper Colorado River Watershed Group ($73k) and The White Rose Foundation Inc ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 10% of the total. At year end it held assets of $215k against liabilities of $0, net assets of $215k.