Irondale High School Band Booster Club-Ihs BBC

Analysis

Irondale High School Band Booster Club-Ihs BBC is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in November 1994, 32 years ago. 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 May 2024, Irondale High School Band Booster Club-Ihs BBC reported income of $305k and spending of $425k, spending 139% of what it took in. Across the 6 years on record, from April 2020 to May 2024, income grew from $231k to $305k (+32%), an average of +5.7% a year. The sharpest change came in the year to May 2024, when income rose by 1462%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Irondale High School Band Booster Club-Ihs BBC sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Utah Ccim Chapter the ($305k), Leadership Snohomish County ($305k) and Terryville Retirement Community Corporattion ($305k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 20% and program service revenue 58% of the total. At year end it held assets of $50k against liabilities of $8,612, net assets of $42k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.