Chapel Hill High Band Booster Club Inc

Analysis

Chapel Hill High Band Booster Club Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Chapel Hill High Band Booster Club Inc reported income of $67k and spending of $75k, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $22k to $67k (+212%), an average of +46% a year. The sharpest change came in the year to June 2023, when income rose by 468%. Over the whole period it spent 144% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chapel Hill High Band Booster Club Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within NC. Charities of a similar size with the same main cause include North American Meitheal Fund ($67k), Sierra Nevada Bighorn Sheep Foundation ($67k) and Ukranian National Home Inc of New Jersey ($67k).

At year end it held assets of $87k against liabilities of $0, net assets of $87k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.