Ida Band Boosters

Analysis

Ida Band Boosters is a registered charity in United States, based in Ida, MI. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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, Ida Band Boosters reported income of $78k and spending of $56k, leaving 28% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $76k to $78k (+2.7%), an average of +2.7% a year. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ida Band 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 30th percentile, and in the 30th percentile within MI. Charities of a similar size with the same main cause include General Federation of Womens Clubs ($78k), Bullskin Township Senior Citizens ($78k) and Jekyll Island Arts Association Inc ($78k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.0% of the total. At year end it held assets of $237k against liabilities of $0, net assets of $237k.