South Mecklenburg Band Aides

Analysis

South Mecklenburg Band Aides is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in December 1982, 44 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, South Mecklenburg Band Aides reported income of $57k and spending of $49k, spending 87% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $68k to $57k (-17%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Mecklenburg Band Aides sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include Complete International ($57k), Palmetto Raiders Youth Development Club Inc ($57k) and Low Moor Volunteer Fire Department ($57k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.