Lake Ridge High School Band Booster Club

Analysis

Lake Ridge High School Band Booster Club is a registered charity in United States, based in Mansfield, TX. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lake Ridge High School Band Booster Club reported income of $332k and spending of $327k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $209k to $332k (+59%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 149%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Ridge High School Band Booster Club sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Christian School International Foundation ($332k), Arizona Hispanic School Adminstrators Association ($332k) and Chapin Academy Incorporated ($332k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 83% of the total. At year end it held assets of $15k against liabilities of $7,306, net assets of $7,542.