Band Boosters Club of Franklin Central High School Inc

Analysis

Band Boosters Club of Franklin Central High School Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 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, Band Boosters Club of Franklin Central High School Inc reported income of $428k and spending of $481k, spending 112% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $316k to $428k (+36%), an average of +11% a year. The sharpest change came in the year to May 2022, when income rose by 85%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Band Boosters Club of Franklin Central High School Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Hawaii Performing Arts Festival Inc ($428k), Piston Foundation Inc ($428k) and Exploration Foundation ($428k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 69% and program service revenue 22% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.