Frankfort Band Boosters Inc

Analysis

Frankfort Band Boosters Inc is a registered charity in United States, based in Ridgeley, WV. It received its IRS tax-exemption ruling in March 2014, 12 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 December 2023, Frankfort Band Boosters Inc reported income of $52k and spending of $57k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $52k (-46%), an average of -46% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Frankfort Band Boosters Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within WV. Charities of a similar size with the same main cause include Support Like This Inc ($52k), Parents and Staff for Students Inc ($52k) and Aurora Huskies Booster Club Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 92% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.