Tuscarora High School Instrumental Music Boosters Inc

Analysis

Tuscarora High School Instrumental Music Boosters Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in September 2013, 13 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 May 2024, Tuscarora High School Instrumental Music Boosters Inc reported income of $51k and spending of $50k, spending 97% of its income. Across the 3 years on record, from May 2022 to May 2024, income fell from $60k to $51k (-14%), an average of -7.5% a year. The sharpest change came in the year to May 2024, when income dropped by 28%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tuscarora High School Instrumental Music Boosters Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within MD. Charities of a similar size with the same main cause include Sharon Community Chamber Orchestra Inc ($51k), Lake Havasu City Historical Society ($51k) and House of Pacific Relations International Cottages Inc ($51k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 32% and program service revenue 48% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.