West Lincoln Band Boosters Association Inc

Analysis

West Lincoln Band Boosters Association Inc is a registered charity in United States, based in Lincolnton, NC. It received its IRS tax-exemption ruling in November 2000, 26 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, West Lincoln Band Boosters Association Inc reported income of $60k and spending of $53k, spending 88% of its income. Across the 3 years on record, from June 2019 to June 2024, income fell from $100k to $60k (-40%), an average of -22% a year. The sharpest change came in the year to June 2023, when income dropped by 57%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Lincoln Band Boosters Association Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within NC. Charities of a similar size with the same main cause include George R Austin Intermediate School Parent Teacher Organization Inc ($60k), Newton County Adult Education Inc ($60k) and Rebel Golf Outing ($60k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 25% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.