East Carteret Band Boosters Inc

Analysis

East Carteret Band Boosters Inc is a registered charity in United States, based in Beaufort, NC. It received its IRS tax-exemption ruling in September 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 (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, East Carteret Band Boosters Inc reported income of $110k and spending of $138k, spending 126% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $85k to $110k (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2023, when income rose by 104%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Carteret Band Boosters Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include Community Preschool ($110k), Emil C E Jurica Endowment Trust ($110k) and Wehr Science Center Endowment ($110k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 49% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.