Bloomfield Band and Orchestra Boosters

Analysis

Bloomfield Band and Orchestra Boosters is a registered charity in United States, based in Bloomfld TWP, MI. It received its IRS tax-exemption ruling in April 2016, 10 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, Bloomfield Band and Orchestra Boosters reported income of $118k and spending of $131k, spending 111% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $38k to $118k (+208%), an average of +46% a year. The sharpest change came in the year to June 2022, when income rose by 271%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bloomfield Band and Orchestra Boosters sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include Andrews Educational Institute Inc ($118k), Walter Woodward Parent Teacher Club ($118k) and Red Oak Tag-A-Longs Booster Club Inc ($118k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.3% and program service revenue 75% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.