McMillen High School Band Boosters

Analysis

McMillen High School Band Boosters is a registered charity in United States, based in Murphy, TX. It received its IRS tax-exemption ruling in September 2011, 15 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, McMillen High School Band Boosters reported income of $73k and spending of $71k, spending 97% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $78k to $73k (-6.2%), an average of -6.2% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McMillen High School Band Boosters sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Tarrant County Education Foundation ($73k), Project Celebration of Springtown ($73k) and Nica Foundation Inc ($73k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 1.5% and program service revenue 78% of the total. At year end it held assets of $33k against liabilities of $99, net assets of $33k.