Edwardsburg Band Boosters

Analysis

Edwardsburg Band Boosters is a registered charity in United States, based in Edwardsburg, MI. It received its IRS tax-exemption ruling in January 1984, 42 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 2023, Edwardsburg Band Boosters reported income of $54k and spending of $42k, leaving 22% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $41k to $54k (+31%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Edwardsburg Band Boosters sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within MI. Charities of a similar size with the same main cause include Friends of the Scituate Town Library ($54k), Southern Christian Mission Inc ($54k) and The Josh Willingham Foundation ($54k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 34% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.