Glenvar Band Boosters

Analysis

Glenvar Band Boosters is a registered charity in United States, based in Salem, VA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Glenvar Band Boosters reported income of $79k and spending of $83k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $79k (-12%), an average of -12% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glenvar Band Boosters sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within VA. Charities of a similar size with the same main cause include Gracelubbock Homeschool Group ($79k), PTA Florida Congress ($79k) and Dallas Center Grimes Elementary Parent Teacher Organization Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 66% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.