Jefferson Area Music Boosters Association

Analysis

Jefferson Area Music Boosters Association is a registered charity in United States, based in Jefferson, OH. It received its IRS tax-exemption ruling in May 1978, 48 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 2024, Jefferson Area Music Boosters Association reported income of $69k and spending of $67k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $59k to $69k (+17%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jefferson Area Music Boosters Association sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include Music Educators Association of New Jersey Inc ($69k), East Alabama Group Home Inc ($69k) and Williamson County Crime Stoppers Program Inc ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 73% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.