FHS Band Boosters

Analysis

FHS Band Boosters is a registered charity in United States, based in Forney, TX. It received its IRS tax-exemption ruling in September 2012, 14 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 2023, FHS Band Boosters reported income of $427k and spending of $370k, spending 87% of its income. Across the 3 years on record, from May 2020 to May 2023, income grew from $178k to $427k (+140%), an average of +55% a year. The sharpest change came in the year to May 2023, when income rose by 63%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, FHS Band Boosters sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Public School 107 Parent Teacher Association Inc ($427k), Holy Trinity Orthodox Christian Academy Inc ($427k) and Hilliard Darby Athletic Boosters ($427k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.