T L Hanna Band Aides Inc

Analysis

T L Hanna Band Aides Inc is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in February 1993, 33 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 2023, T L Hanna Band Aides Inc reported income of $113k and spending of $124k, spending 110% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $71k to $113k (+59%), an average of +58% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, T L Hanna Band Aides Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 45th percentile within SC. Charities of a similar size with the same main cause include Virginia Council of Teachers of Mathematics ($113k), Indiana Agribusiness Foundation Inc ($113k) and Westchester & Putnam College Conferences Inc ($112k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 7.6% and program service revenue 90% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.