Germantown Band Boosters Inc

Analysis

Germantown Band Boosters Inc is a registered charity in United States, based in Madison, MS. It received its IRS tax-exemption ruling in December 2012, 14 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 April 2024, Germantown Band Boosters Inc reported income of $350k and spending of $332k, spending 95% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $253k to $350k (+38%), an average of +8.4% a year. The sharpest change came in the year to April 2022, when income rose by 218%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Germantown Band Boosters Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within MS. Charities of a similar size with the same main cause include Chester County Night School ($350k), Ramapo Athletic Boosters Association Inc ($350k) and Hollywood Park Foundation ($350k).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $23k against liabilities of $1,130, net assets of $21k.