Charlottesville High School Band Boosters

Analysis

Charlottesville High School Band Boosters is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in April 1994, 32 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 2023, Charlottesville High School Band Boosters reported income of $94k and spending of $87k, spending 92% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $39k to $94k (+140%), an average of +140% a year. The sharpest change came in the year to June 2023, when income rose by 140%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charlottesville High School Band Boosters sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within VA. Charities of a similar size with the same main cause include Charles Toonie Cash Evangelistic Association ($94k), Fair Play Fire Engine and Hose Company No 1 ($94k) and Volunteers of America Inc ($94k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.