Farmington High School Music Patrons Association Inc

Analysis

Farmington High School Music Patrons Association Inc is a registered charity in United States, based in Farmingtn HLS, MI. It received its IRS tax-exemption ruling in June 1979, 47 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, Farmington High School Music Patrons Association Inc reported income of $127k and spending of $124k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $91k to $127k (+40%), an average of +40% a year. The sharpest change came in the year to June 2024, when income rose by 40%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Farmington High School Music Patrons Association Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within MI. Charities of a similar size with the same main cause include Villa Rica High School Band Boosters ($127k), Hurley Education Foundation Inc ($127k) and Jackson Local Schools Foundation ($127k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 42% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.