Weddington High School Band Boosters

Analysis

Weddington High School Band Boosters is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Weddington High School Band Boosters reported income of $85k and spending of $49k, leaving 43% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $85k to $85k (+0.1%), an average of +0.1% a year. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Weddington High School Band Boosters sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within NC. Charities of a similar size with the same main cause include Champion Christmas Basket and Santa Pal Program ($85k), Compound Eyes Foundation ($85k) and Gfwc-Il Plainfield Junior Womans Club ($85k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 46% of the total. At year end it held assets of $202k against liabilities of $60k, net assets of $142k.