Willmar Band Boosters Inc

Analysis

Willmar Band Boosters Inc is a registered charity in United States, based in Willmar, MN. It received its IRS tax-exemption ruling in August 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Willmar Band Boosters Inc reported income of $56k and spending of $74k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $21k to $56k (+172%), an average of +172% a year. The sharpest change came in the year to December 2023, when income rose by 172%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Willmar Band Boosters Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within MN. Charities of a similar size with the same main cause include Soaring Eagle Education Foundation ($56k), Gloucester Scholarship Foundation Inc ($56k) and Valentine Hills PTO ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 2.4% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.