Gaffney Bands Booster Club Inc

Analysis

Gaffney Bands Booster Club Inc is a registered charity in United States, based in Gaffney, SC. It received its IRS tax-exemption ruling in November 2014, 12 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, Gaffney Bands Booster Club Inc reported income of $91k and spending of $80k, spending 87% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $44k to $91k (+109%), an average of +109% a year. The sharpest change came in the year to May 2024, when income rose by 109%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gaffney Bands Booster Club Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 40th percentile within SC. Charities of a similar size with the same main cause include Vermilion Band Booster Club Inc ($91k), Bushland High School Booster Club ($91k) and Brighton High School Baseball Booster Club ($91k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 36% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.