Albemarle High Shool Band Parents Association

Analysis

Albemarle High Shool Band Parents Association is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in October 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 June 2023, Albemarle High Shool Band Parents Association reported income of $120k and spending of $130k, spending 109% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $35k to $120k (+240%), an average of +240% a year. The sharpest change came in the year to June 2023, when income rose by 240%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Albemarle High Shool Band Parents Association sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include Friends of the Sierra Madre Library ($120k), Knowledge Academy Educational Services ($120k) and Hospitality Business Network Foundation Inc ($120k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 64% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.