Ofallon Panther Band Boosters Inc

Analysis

Ofallon Panther Band Boosters Inc is a registered charity in United States, based in O Fallon, IL. It received its IRS tax-exemption ruling in June 2002, 24 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 April 2023, Ofallon Panther Band Boosters Inc reported income of $485k and spending of $509k, spending 105% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $428k to $485k (+13%), an average of +3.1% a year. The sharpest change came in the year to April 2022, when income rose by 92%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ofallon Panther Band Boosters Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Murray Education Foundation ($484k), Center for American Indian Research and Native Studies ($485k) and Reach the World Company ($484k).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 45% of the total. At year end it held assets of $659k against liabilities of $0, net assets of $659k.