Troy High Band Boosters

Analysis

Troy High Band Boosters is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Troy High Band Boosters reported income of $318k and spending of $314k, spending 99% of its income. Across the 5 years on record, from May 2019 to May 2024, income grew from $289k to $318k (+9.8%), an average of +2.4% a year. The sharpest change came in the year to May 2023, when income rose by 35%. 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, Troy High Band Boosters sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Lakewood Rangers Education Foundation ($318k), Parent Faculty Association of Willow Elementary School ($318k) and Phoenix Learning Academy ($318k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.