Mustang High School Band Booster Club

Analysis

Mustang High School Band Booster Club is a registered charity in United States, based in Mustang, OK. It received its IRS tax-exemption ruling in January 2007, 19 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, Mustang High School Band Booster Club reported income of $186k and spending of $193k, spending 104% of its income. Across the 5 years on record, from May 2019 to May 2024, income fell from $367k to $186k (-49%), an average of -16% a year. The sharpest change came in the year to May 2023, when income rose by 137%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mustang High School Band Booster Club sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within OK. Charities of a similar size with the same main cause include Ballard High School Girls Fast Pitc H Softball Booster Club Inc ($186k), Cody Schools Combined Volunteers ($186k) and The Devops Collective Inc ($186k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 3.8% and program service revenue 46% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.