Stafford Band Boosters Assn

Analysis

Stafford Band Boosters Assn is a registered charity in United States, based in Falmouth, VA. It received its IRS tax-exemption ruling in March 2017, 9 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 May 2024, Stafford Band Boosters Assn reported income of $63k and spending of $57k, spending 90% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $109k to $63k (-42%), an average of -42% a year. The sharpest change came in the year to May 2024, when income dropped by 42%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stafford Band Boosters Assn sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within VA. Charities of a similar size with the same main cause include Japanese Language School of Greater Hartford Inc ($63k), Rockingham Rotary Foundation ($63k) and Guardian Christian Academy ($63k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 4.8% and program service revenue 4.0% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.