Mustang Band Booster Club

Analysis

Mustang Band Booster Club is a registered charity in United States, based in Friendswood, TX. It received its IRS tax-exemption ruling in July 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 May 2023, Mustang Band Booster Club reported income of $409k and spending of $431k, spending 105% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $258k to $409k (+59%), an average of +12% a year. The sharpest change came in the year to May 2022, when income rose by 123%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mustang Band Booster Club sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Islamic School of Columbia Missouri ($409k), Leadership South Dakota ($409k) and LA County Library Foundation ($409k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 26% and program service revenue 58% of the total. At year end it held assets of $213k against liabilities of $58k, net assets of $155k.