McLean High School Band Parents Asso

Analysis

McLean High School Band Parents Asso is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in November 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, McLean High School Band Parents Asso reported income of $329k and spending of $334k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $261k to $329k (+26%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 592%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, McLean High School Band Parents Asso 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 63rd percentile within VA. Charities of a similar size with the same main cause include Tamworth Pre-School Inc ($329k), National TTT Society ($329k) and Marion Community Development Organization Incorporated ($329k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 73% of the total. At year end it held assets of $254k against liabilities of $217k, net assets of $37k.