Marching Black & Gold Inc

Analysis

Marching Black & Gold Inc is a registered charity in United States, based in Avon, IN. It received its IRS tax-exemption ruling in January 1995, 31 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, Marching Black & Gold Inc reported income of $716k and spending of $716k, spending 100% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $569k to $716k (+26%), an average of +5.9% a year. The sharpest change came in the year to April 2022, when income rose by 81%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marching Black & Gold Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include Mental Health America in Allen County Inc ($716k), First New Hampshire Robotics ($716k) and Massachusetts Nonprofit Network Inc ($716k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 5.6% and program service revenue 66% of the total. At year end it held assets of $98k against liabilities of $59k, net assets of $39k.