Stonebridge High School Music Booster Association

Analysis

Stonebridge High School Music Booster Association is a registered charity in United States, based in Ashburn, VA. It received its IRS tax-exemption ruling in June 2001, 25 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, Stonebridge High School Music Booster Association reported income of $59k and spending of $58k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $81k to $59k (-27%), an average of -27% a year. The sharpest change came in the year to June 2024, when income dropped by 27%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stonebridge High School Music Booster Association sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include American Furniture Masters Institute ($59k), Center for Success for High Need Schools Inc ($59k) and Winfield Unified School District 465 Foundation ($59k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 8.5% and program service revenue 63% of the total. At year end it held assets of $140k against liabilities of $9,463, net assets of $130k.