Forsyth Central Band Boosters Inc

Analysis

Forsyth Central Band Boosters Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Forsyth Central Band Boosters Inc reported income of $190k and spending of $205k, spending 108% of what it took in. Across the 2 years on record, from April 2020 to April 2023, income fell from $274k to $190k (-31%), an average of -31% a year. The sharpest change came in the year to April 2023, when income dropped by 31%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Forsyth Central Band Boosters Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within GA. Charities of a similar size with the same main cause include Saratoga Mset Inc ($190k), Chaplaincy Institute of Maine ($190k) and Knowledge-First ($190k).

On its Form 990-EZ for the period ending April 2023, revenue came from contributions and grants 12% and program service revenue 67% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.