Lake Dallas Band Boosters

Analysis

Lake Dallas Band Boosters is a registered charity in United States, based in Lake Dallas, TX. It received its IRS tax-exemption ruling in October 2011, 15 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 2024, Lake Dallas Band Boosters reported income of $53k and spending of $51k, spending 95% of its income. Across the 2 years on record, from May 2022 to May 2024, income grew from $24k to $53k (+120%), an average of +120% a year. The sharpest change came in the year to May 2024, when income rose by 120%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Dallas Band Boosters sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Maple Grove Foundation Inc ($53k), Harvest Ridge PTO ($53k) and Chamblee Middle School Ptsa Inc ($53k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 58% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.