Peters Township Music Boosters Inc

Analysis

Peters Township Music Boosters Inc is a registered charity in United States, based in Canonsburg, PA. It received its IRS tax-exemption ruling in March 2022, 4 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 June 2023, Peters Township Music Boosters Inc reported income of $124k and spending of $115k, spending 92% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $90k to $124k (+38%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peters Township Music Boosters Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include Gladstone Education Foundation ($124k), Texas Association of Supervisors of Mathematics ($124k) and Rotary Club of LA Conner Foundation ($124k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.5% and program service revenue 27% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.