Ripley Band Boosters Inc

Analysis

Ripley Band Boosters Inc is a registered charity in United States, based in Ripley, WV. It received its IRS tax-exemption ruling in September 1988, 38 years ago. 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, Ripley Band Boosters Inc reported income of $75k and spending of $47k, leaving 38% of income unspent that year. Across the 3 years on record, from June 2019 to June 2023, income fell from $180k to $75k (-58%), an average of -35% a year. The sharpest change came in the year to June 2020, when income dropped by 63%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ripley Band Boosters Inc 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 29th percentile, and in the 26th percentile within WV. Charities of a similar size with the same main cause include Wings Wildlife Rehabilitation Center ($75k), South Carolina Library Association ($75k) and Earth Outreach Inc ($75k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 7.5% and program service revenue 59% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.