Robinson Band Boosters Inc

Analysis

Robinson Band Boosters Inc is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2021, Robinson Band Boosters Inc reported income of $54k and spending of $61k, spending 114% of what it took in. Across the 4 years on record, from May 2018 to May 2021, income fell from $116k to $54k (-54%), an average of -23% a year. The sharpest change came in the year to May 2021, when income dropped by 46%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Robinson Band Boosters Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within NC. Charities of a similar size with the same main cause include Tanglen Elementary Parent Teacher Oraganization ($54k), Buckeye Central Athletic Boosters Inc ($54k) and South Lebanon Elementary PTO ($54k).

On its Form 990-EZ for the period ending May 2021, revenue came from program service revenue 84% of the total. At year end it held assets of $79k against liabilities of $1,310, net assets of $77k.