Buckeye Band Boosters

Analysis

Buckeye Band Boosters is a registered charity in United States, based in Ashtabula, OH. It received its IRS tax-exemption ruling in April 1994, 32 years ago. 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 2023, Buckeye Band Boosters reported income of $110k and spending of $120k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $85k to $110k (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2022, when income rose by 811%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Buckeye Band Boosters sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within OH. Charities of a similar size with the same main cause include Molding Kids for Success ($110k), I Help Inc ($110k) and Junior Service League of Summerville ($110k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 41% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.