Leesville Road High School Bands Club

Analysis

Leesville Road High School Bands Club is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in December 1994, 32 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 2023, Leesville Road High School Bands Club reported income of $384k and spending of $369k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $180k to $384k (+113%), an average of +29% a year. The sharpest change came in the year to June 2022, when income rose by 605%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leesville Road High School Bands Club sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Literacy Volunteers of Wayne County Inc ($383k), The China Folk House Retreat Inc ($384k) and Robert Ahern Scholarship Trust ($383k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.2% and program service revenue 52% of the total. Other salaries and wages came to $20k. At year end it held assets of $160k against liabilities of $0, net assets of $160k.