Carmel High School Band Boosters Inc

Analysis

Carmel High School Band Boosters Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in May 1994, 32 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 April 2023, Carmel High School Band Boosters Inc reported income of $790k and spending of $810k, spending 103% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $725k to $790k (+8.9%), an average of +2.2% a year. The sharpest change came in the year to April 2022, when income rose by 74%. 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, Carmel High School Band Boosters Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include Bozeman Summit School Inc ($790k), Page 15 Inc ($790k) and Irvine Childrens Fund ($790k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 6.2% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $1,000 (0.1% of expenses). At year end it held assets of $63k against liabilities of $0, net assets of $63k.