Reedy High School Band Booster Club

Analysis

Reedy High School Band Booster Club is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in October 2016, 10 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 June 2024, Reedy High School Band Booster Club reported income of $114k and spending of $148k, spending 131% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $176k to $114k (-35%), an average of -35% a year. The sharpest change came in the year to June 2024, when income dropped by 35%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reedy High School Band Booster Club sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Oak Ridge High School Community Foundation ($114k), VRHS Star Steppers Booster Club ($114k) and Orange Grove Elementary Charter School PTO ($114k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.2% of the total. At year end it held assets of $7,933 against liabilities of $0, net assets of $7,933.