Powhatan High School Band Boosters

Analysis

Powhatan High School Band Boosters is a registered charity in United States, based in Powhatan, VA. It received its IRS tax-exemption ruling in July 1993, 33 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, Powhatan High School Band Boosters reported income of $87k and spending of $79k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $72k to $87k (+20%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Powhatan High School Band Boosters 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 33rd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Holy Cross Greek School ($87k), Centennial Boosters Inc ($87k) and Compass Education ($87k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 23% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.