WHS Music Boosters Inc

Analysis

WHS Music Boosters Inc is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, WHS Music Boosters Inc reported income of $77k and spending of $162k, spending 210% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $124k to $77k (-38%), an average of -38% a year. The sharpest change came in the year to June 2023, when income dropped by 38%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, WHS Music Boosters Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Celebration Company at the Station Theatre ($77k), I Am Able Foundation ($77k) and Rocky Mountain Guitar Camp ($77k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 76% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.