Indian River Band Boosters Association

Analysis

Indian River Band Boosters Association is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in October 2024, 2 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 May 2024, Indian River Band Boosters Association reported income of $92k and spending of $86k, spending 93% of its income. Across the 4 years on record, from May 2021 to May 2024, income grew from $38k to $92k (+144%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indian River Band Boosters Association sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within VA. Charities of a similar size with the same main cause include Canady Foundation for the Arts ($92k), James River High School Band Boosters Inc ($92k) and Society for French Historical Studies ($92k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.