Hubbard School Band Sponsors

Analysis

Hubbard School Band Sponsors is a registered charity in United States, based in Hubbard, OH. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hubbard School Band Sponsors reported income of $102k and spending of $68k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $102k (+4.6%), an average of +4.6% a year. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hubbard School Band Sponsors sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OH. Charities of a similar size with the same main cause include Otsego Athletic Booster Club ($102k), The Austin School for the Performin G & Visual Arts ($102k) and Miami Orthopaedic Research Foundation Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 30% of the total. At year end it held assets of $172k against liabilities of $71, net assets of $172k.