Moody Band Boosters

Analysis

Moody Band Boosters is a registered charity in United States, based in Moody, AL. It received its IRS tax-exemption ruling in August 2016, 10 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 December 2023, Moody Band Boosters reported income of $140k and spending of $70k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $140k (+100%), an average of +100% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Moody Band Boosters sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within AL. Charities of a similar size with the same main cause include Vermont Sheriffs Association Inc C/O Sherriff Gary Forrest ($140k), Bart Foundation Inc ($140k) and Blakehurst Residents Scholarship Foundation Inc ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.0% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.