Wadsworth Band Boosters Club

Analysis

Wadsworth Band Boosters Club is a registered charity in United States, based in Wadsworth, OH. It received its IRS tax-exemption ruling in April 1983, 43 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 May 2023, Wadsworth Band Boosters Club reported income of $118k and spending of $106k, spending 90% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $4,870 to $118k (+2333%), an average of +190% a year. The sharpest change came in the year to May 2021, when income rose by 584%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wadsworth Band Boosters Club sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Segerstrom High School Football Booster Club Inc ($118k), Adobe Bluffs Educational Foundation ($118k) and Sachem Professional Development Inc ($118k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.