Western School Corporation Band Boosters Inc

Analysis

Western School Corporation Band Boosters Inc is a registered charity in United States, based in Russiaville, IN. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2024, Western School Corporation Band Boosters Inc reported income of $81k and spending of $97k, spending 120% of what it took in. Across the 2 years on record, from March 2023 to March 2024, income fell from $117k to $81k (-31%), an average of -31% a year. The sharpest change came in the year to March 2024, when income dropped by 31%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Western School Corporation Band Boosters Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within IN. Charities of a similar size with the same main cause include Polk County and Bolivar Charitable Trust ($81k), Rebecca Lynn Cutler Legacy of Life Foundation ($81k) and Nit Trichy USA Alumni Chapter ($81k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 74% of the total. At year end it held assets of $26k against liabilities of $9,387, net assets of $17k.