L D Bell Band Boosters

Analysis

L D Bell Band Boosters is a registered charity in United States, based in Bedford, TX. It received its IRS tax-exemption ruling in August 2023, 3 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, L D Bell Band Boosters reported income of $393k and spending of $396k, spending 101% of its income. Across the 6 years on record, from June 2019 to May 2024, income grew from $258k to $393k (+52%), an average of +8.7% a year. The sharpest change came in the year to May 2022, when income rose by 229%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, L D Bell Band Boosters sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Oregon Walks ($393k), Carolina Ballet Theatre Inc ($393k) and Steel River Playhouse Inc ($393k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.