Novi High School Band Boosters

Analysis

Novi High School Band Boosters is a registered charity in United States, based in Novi, MI. It received its IRS tax-exemption ruling in May 2006, 20 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, Novi High School Band Boosters reported income of $216k and spending of $235k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income fell from $260k to $216k (-17%), an average of -4.5% a year. The sharpest change came in the year to June 2021, when income dropped by 16%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Novi High School Band Boosters sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Ottawa Opportunity School ($216k), Entrepreneurs Organization ($216k) and Henry Appenzeller University ($216k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.4% and program service revenue 75% of the total. At year end it held assets of $224k against liabilities of $0, net assets of $224k.