Lebanon High School Music Boosters Association Inc

Analysis

Lebanon High School Music Boosters Association Inc is a registered charity in United States, based in Lebanon, IN. It received its IRS tax-exemption ruling in February 1999, 27 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 2023, Lebanon High School Music Boosters Association Inc reported income of $67k and spending of $64k, spending 95% of its income. Across the 2 years on record, from May 2022 to May 2023, income fell from $124k to $67k (-46%), an average of -46% a year. The sharpest change came in the year to May 2023, when income dropped by 46%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lebanon High School Music Boosters Association Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within IN. Charities of a similar size with the same main cause include West Springfield HS Band Boosters Inc ($67k), Builders Education Foundation of Ccbe ($67k) and Powell County High School Higher Education Foundation Inc ($67k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 5.6% and program service revenue 48% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.