Ac Reynolds High School Band Parents Association Inc
Analysis
Ac Reynolds High School Band Parents Association Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in October 2016, 10 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 June 2024, Ac Reynolds High School Band Parents Association Inc reported income of $94k and spending of $81k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $319k to $94k (-71%), an average of -26% a year. The sharpest change came in the year to June 2022, when income rose by 264%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Ac Reynolds High School Band Parents Association Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Third Space Foundry ($94k), Southeast Rural Community Outreach Ministries ($94k) and United We March Forward ($94k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.5% and program service revenue 99% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.
Income and spending
Where the income comes from
- Contributions & grants 8.8%
- Program services 91%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Third Space Foundry | Berkeley | $94k |
| Southeast Rural Community Outreach Ministries | Hopkins | $94k |
| United We March Forward | Cedar Rapids | $94k |
| Kyle B Wilson Scholarship Fund Inc | Pittsburgh | $94k |