LCHS Patriot Band Boosters Inc

Analysis

LCHS Patriot Band Boosters Inc is a registered charity in United States, based in Garland, TX. It received its IRS tax-exemption ruling in November 2017, 9 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, LCHS Patriot Band Boosters Inc reported income of $63k and spending of $54k, spending 86% of its income. Across the 3 years on record, from May 2022 to May 2024, income fell from $64k to $63k (-2.7%), an average of -1.3% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, LCHS Patriot Band Boosters Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Komenka Ethnic Dance Ensemble Inc ($63k), Tishomingo County Historical & Genealogical Society ($63k) and African American Womens History Month Project Inc ($63k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 1.2% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.