Fort Mill District Band Booster Club Inc

Analysis

Fort Mill District Band Booster Club Inc is a registered charity in United States, based in Fort Mill, SC. It received its IRS tax-exemption ruling in November 1978, 48 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 May 2024, Fort Mill District Band Booster Club Inc reported income of $1.8m and spending of $1.9m, spending 109% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.0m to $1.8m (+76%), an average of +15% a year. The sharpest change came in the year to May 2022, when income rose by 321%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fort Mill District Band Booster Club Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within SC. Charities of a similar size with the same main cause include Delmar Multi-Cultural Arts Academy Inc ($1.8m), Jacksonville Public Libraries Foundation Inc ($1.8m) and Strategic Community Partners Inc ($1.8m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 3.2% and program service revenue 63% of the total. At year end it held assets of $402k against liabilities of $0, net assets of $402k.