North Scott Music Boosters Incorporated

Analysis

North Scott Music Boosters Incorporated is a registered charity in United States, based in Eldridge, IA. It received its IRS tax-exemption ruling in March 1966, 60 years ago. 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 June 2024, North Scott Music Boosters Incorporated reported income of $69k and spending of $66k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $69k to $69k (-0.8%), an average of -0.8% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Scott Music Boosters Incorporated sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within IA. Charities of a similar size with the same main cause include Pennsylvania Historical Association ($69k), International Brotherhood Scholrshp Fund of Boilrmkrs Irn SHP BLDRS ($69k) and Greyhound Pets of America ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 8.7% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.