Versailles Music Boosters

Analysis

Versailles Music Boosters is a registered charity in United States, based in Versailles, OH. It received its IRS tax-exemption ruling in October 2013, 13 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, Versailles Music Boosters reported income of $71k and spending of $66k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $36k to $71k (+97%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Versailles Music Boosters sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include Aragon High School Music Boosters ($71k), Pedaling Minds Inc ($71k) and Oregon Club of Northern California ($71k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.