Forest Park Band Boosters Inc

Analysis

Forest Park Band Boosters Inc is a registered charity in United States, based in Ferdinand, IN. It received its IRS tax-exemption ruling in June 1992, 34 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 June 2024, Forest Park Band Boosters Inc reported income of $171k and spending of $137k, spending 80% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $194k to $171k (-12%), an average of -12% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Forest Park Band Boosters Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within IN. Charities of a similar size with the same main cause include Folds of Honor Foundation ($171k), Chicago Chapter National Black Mba Association Inc ($171k) and Duckietown Foundation US Inc ($171k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.1% and program service revenue 83% of the total. At year end it held assets of $252k against liabilities of $0, net assets of $252k.