Southridge Band Boosters Inc

Analysis

Southridge Band Boosters Inc is a registered charity in United States, based in Huntingburg, IN. It received its IRS tax-exemption ruling in April 1985, 41 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 December 2023, Southridge Band Boosters Inc reported income of $90k and spending of $73k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $90k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southridge Band Boosters Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within IN. Charities of a similar size with the same main cause include PTA North Carolina Congress ($90k), Trustees of the Salem Public Library ($90k) and Smith Library ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.