Merritt Island High School Band Booster Organization Incorporated

Analysis

Merritt Island High School Band Booster Organization Incorporated is a registered charity in United States, based in Merritt Is, FL. It received its IRS tax-exemption ruling in July 2015, 11 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 December 2023, Merritt Island High School Band Booster Organization Incorporated reported income of $95k and spending of $86k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $174k to $95k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Merritt Island High School Band Booster Organization Incorporated sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Living Matrix Education Inc ($95k), Clyde F Brown Home and School Association Inc ($95k) and Yankeetown Womans Club Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $152k against liabilities of $0, net assets of $152k.