Highland Band Boosters

Analysis

Highland Band Boosters is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in March 2006, 20 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 June 2024, Highland Band Boosters reported income of $328k and spending of $324k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2024, income grew from $256k to $328k (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Highland Band Boosters sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within AZ. Charities of a similar size with the same main cause include Clyde-Savannah Public Library ($328k), The More Foundation ($328k) and California Community Colleges Chief Instructional Officers Inc ($328k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 6.9% of the total. At year end it held assets of $105k against liabilities of $105k, net assets of $0.