Wylie High School Band Boosters

Analysis

Wylie High School Band Boosters is a registered charity in United States, based in Abilene, TX. 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 July 2023, Wylie High School Band Boosters reported income of $177k and spending of $165k, spending 93% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $141k to $177k (+26%), an average of +26% a year. The sharpest change came in the year to July 2023, when income rose by 26%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wylie High School Band Boosters sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Ferndale Schools Fine Arts Boosters ($177k), Mariners Elementary School Foundation ($177k) and Unity Foundation ($177k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 21% and program service revenue 51% of the total. At year end it held assets of $77k against liabilities of $360, net assets of $77k.