Grand Ledge Music Booster Association

Analysis

Grand Ledge Music Booster Association is a registered charity in United States, based in Grand Ledge, MI. It received its IRS tax-exemption ruling in February 1997, 29 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, Grand Ledge Music Booster Association reported income of $295k and spending of $273k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $168k to $295k (+75%), an average of +75% a year. The sharpest change came in the year to June 2024, when income rose by 75%. 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, Grand Ledge Music Booster Association sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include Admiral Farragut Academy Foundation Inc ($295k), Dar Al Huda ($295k) and El Dorado High Athletic Booster Club ($295k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.6% and program service revenue 56% of the total. Other salaries and wages came to $77k. At year end it held assets of $122k against liabilities of $0, net assets of $122k.