Anderson High School Band Boosters Inc

Analysis

Anderson High School Band Boosters Inc is a registered charity in United States, based in Anderson, IN. It received its IRS tax-exemption ruling in November 2022, 4 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 2024, Anderson High School Band Boosters Inc reported income of $109k and spending of $76k, leaving 30% of income unspent that year. Across the 4 years on record, from May 2021 to May 2024, income grew from $102k to $109k (+6.4%), an average of +2.1% a year. The sharpest change came in the year to May 2024, when income rose by 35%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Anderson High School Band Boosters Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within IN. Charities of a similar size with the same main cause include Stone Ridge Library Foundation Inc ($109k), Helping Hands Christian Pre-School ($109k) and Off-Grid Retreats ($109k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 3.0% and program service revenue 38% of the total. Other salaries and wages came to $32k. At year end it held assets of $73k against liabilities of $97, net assets of $73k. It reported 20 employees.