Colonial Forge Music Boosters

Analysis

Colonial Forge Music Boosters is a registered charity in United States, based in Stafford, VA. It received its IRS tax-exemption ruling in September 2004, 22 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, Colonial Forge Music Boosters reported income of $68k and spending of $74k, spending 109% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $65k to $68k (+5.0%), an average of +5.0% 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, Colonial Forge Music Boosters sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within VA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($68k), Washington Library Association ($68k) and Access Better Learning and Education ($68k).

At year end it held assets of $43k against liabilities of $0, net assets of $43k.