Copley Fairlawn Schools Music Boosters

Analysis

Copley Fairlawn Schools Music Boosters is a registered charity in United States, based in Copley, OH. It received its IRS tax-exemption ruling in November 1984, 42 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, Copley Fairlawn Schools Music Boosters reported income of $77k and spending of $60k, leaving 22% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $63k to $77k (+23%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Copley Fairlawn Schools Music Boosters sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include The Chamber Music Society of Little Rock Inc ($77k), Lower Burrell Flyers Inc ($77k) and PTA California Congress of Parents Teachers & Students Inc ($77k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.