Plymouth Canton Music Boosters

Analysis

Plymouth Canton Music Boosters is a registered charity in United States, based in Plymouth, MI. It received its IRS tax-exemption ruling in October 1992, 34 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 2023, Plymouth Canton Music Boosters reported income of $517k and spending of $209k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income grew from $394k to $517k (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2021, when income rose by 286%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Plymouth Canton Music Boosters sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Greece Montessori School ($517k), Boothbay Sea and Science Center ($517k) and Greater Western Library Alliance Inc ($517k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $209k. At year end it held assets of $0 against liabilities of $0, net assets of $0.