Saginaw Eddy Concert Band

Analysis

Saginaw Eddy Concert Band is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Saginaw Eddy Concert Band reported income of $132k and spending of $149k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $132k (+4.9%), an average of +4.9% a year. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saginaw Eddy Concert Band sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Petra Kids Ministries ($132k), Coral Springs Festival of the Arts Inc ($132k) and Telugu Association of Central Ohio ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,989 against liabilities of $810, net assets of $8,179.