Northwest Guilford Band Boosters Inc

Analysis

Northwest Guilford Band Boosters Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in September 1982, 44 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 May 2023, Northwest Guilford Band Boosters Inc reported income of $160k and spending of $104k, leaving 35% of income unspent that year. Across the 2 years on record, from May 2022 to May 2023, income grew from $158k to $160k (+1.5%), an average of +1.5% a year. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northwest Guilford Band Boosters Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Friends Foundation of the Birmingham Public Library ($160k), Comerica Cares Fund ($160k) and Spedacts Inc ($160k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 7.5% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.