Jag Singers Booster Club Inc

Analysis

Jag Singers Booster Club Inc is a registered charity in United States, based in Madison, MS. It received its IRS tax-exemption ruling in June 2015, 11 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 June 2023, Jag Singers Booster Club Inc reported income of $270k and spending of $269k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $197k to $270k (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2022, when income rose by 165%. 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, Jag Singers Booster Club Inc 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 60th percentile, and in the 61st percentile within MS. Charities of a similar size with the same main cause include Hurst Ranch Historical Foundations ($270k), Art St Louis ($270k) and Abilities Dance Incorporated ($270k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% and program service revenue 87% of the total. At year end it held assets of $138k against liabilities of $90k, net assets of $48k.