Goshen Band Boosters Inc

Analysis

Goshen Band Boosters Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in November 2000, 26 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, Goshen Band Boosters Inc reported income of $179k and spending of $168k, spending 93% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $148k to $179k (+21%), an average of +21% a year. The sharpest change came in the year to May 2023, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Goshen Band Boosters Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within IN. Charities of a similar size with the same main cause include PHS Music Boosters Inc ($179k), Southside Virginia Education Center ($179k) and Texas Association for Court Administration ($179k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 3.7% of the total. At year end it held assets of $57k against liabilities of $2,711, net assets of $54k.