Champaign Central Band Boosters Inc

Analysis

Champaign Central Band Boosters Inc is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in June 1976, 50 years ago. 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 2024, Champaign Central Band Boosters Inc reported income of $96k and spending of $92k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $57k to $96k (+68%), an average of +68% a year. The sharpest change came in the year to June 2024, when income rose by 68%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Champaign Central Band Boosters Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Rising Star Missionary Baptist Church 4 ($96k), One to One International ($96k) and Waupaca Thrift Ltd ($96k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 8.2% and program service revenue 60% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.