Moanalua High School Music Boosters Association

Analysis

Moanalua High School Music Boosters Association is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in November 2003, 23 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, Moanalua High School Music Boosters Association reported income of $230k and spending of $266k, spending 116% of what it took in. Across the 3 years on record, from June 2020 to June 2024, income grew from $227k to $230k (+1.1%), an average of +0.6% a year. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Moanalua High School Music Boosters Association sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within HI. Charities of a similar size with the same main cause include Heartland Private School Inc ($230k), Albuquerque Public Library Foundation Inc ($230k) and Marketing Research Education Foundation Inc ($230k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 65% of the total. At year end it held assets of $133k against liabilities of $1,585, net assets of $131k.

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.