Summerville Green Wave Band Booster Club

Analysis

Summerville Green Wave Band Booster Club is a registered charity in United States, based in Summerville, SC. It received its IRS tax-exemption ruling in October 2015, 11 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 July 2023, Summerville Green Wave Band Booster Club reported income of $161k and spending of $179k, spending 111% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $114k to $161k (+41%), an average of +8.9% a year. The sharpest change came in the year to July 2022, when income rose by 451%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Summerville Green Wave Band Booster Club sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 54th percentile within SC. Charities of a similar size with the same main cause include Virginia Interscholastic Athleticadministrators Association Viaaa ($161k), Parents Association for Jewish Secondary Education ($161k) and Silver Hawks Booster Club ($161k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 49% and program service revenue 49% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.