Jefferson Forest High School Band Boosters Inc

Analysis

Jefferson Forest High School Band Boosters Inc is a registered charity in United States, based in Forest, VA. It received its IRS tax-exemption ruling in January 2000, 26 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, Jefferson Forest High School Band Boosters Inc reported income of $188k and spending of $192k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $182k to $188k (+3.0%), an average of +0.7% a year. The sharpest change came in the year to June 2022, when income rose by 71%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jefferson Forest High School Band Boosters Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Hickory Ridge High School Bandboosters ($188k), Americas Foundation-Fundacion de Las Americas ($188k) and Lawyers Collaborative for Diversity Inc ($188k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 36% of the total. Other salaries and wages came to $36k. At year end it held assets of $102k against liabilities of $12k, net assets of $90k. It reported 10 employees.