Severna Park Middle School Music Boosters Inc

Analysis

Severna Park Middle School Music Boosters Inc is a registered charity in United States, based in Severna Park, MD. It received its IRS tax-exemption ruling in July 1980, 46 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, Severna Park Middle School Music Boosters Inc reported income of $115k and spending of $118k, spending 102% of its income. Across the 2 years on record, from June 2021 to June 2024, income grew from $871 to $115k (+13102%), an average of +13102% a year. The sharpest change came in the year to June 2024, when income rose by 13102%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Severna Park Middle School Music Boosters Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within MD. Charities of a similar size with the same main cause include De Pere Historical Society Inc ($115k), Hartford Golf Club Scholarship Foundation Inc ($115k) and PTA California Congress of Parents Teachers & Students Inc ($115k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 72% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.