Asheville High School Band Association

Analysis

Asheville High School Band Association is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in August 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 June 2023, Asheville High School Band Association reported income of $70k and spending of $61k, spending 88% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $82k to $70k (-15%), an average of -15% a year. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Asheville High School Band Association sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NC. Charities of a similar size with the same main cause include Humpty Dumpty Christian Co-Op Preschool Inc ($70k), Rise Christian Academy ($70k) and Pacific Northwest Regional Council of Carpenters Scholarship Fund ($70k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 72% of the total. At year end it held assets of $54k against liabilities of $20k, net assets of $34k.