Liberty Hill Band Boosters Association

Analysis

Liberty Hill Band Boosters Association is a registered charity in United States, based in Liberty Hill, TX. It received its IRS tax-exemption ruling in December 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Liberty Hill Band Boosters Association reported income of $245k and spending of $189k, leaving 23% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $58k to $245k (+324%), an average of +106% a year. The sharpest change came in the year to June 2022, when income rose by 134%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Liberty Hill Band Boosters Association sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Bellport-Brookhaven Historical Society ($245k), Centro Primo Levi ($245k) and Hedwig Dances Inc ($245k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 52% of the total. At year end it held assets of $124k against liabilities of $1,391, net assets of $122k.