Thomas Cario Middle School Band Boosters Club

Analysis

Thomas Cario Middle School Band Boosters Club is a registered charity in United States, based in Mt Pleasant, SC. It received its IRS tax-exemption ruling in April 2004, 22 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, Thomas Cario Middle School Band Boosters Club reported income of $205k and spending of $232k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $287k to $205k (-28%), an average of -8.0% a year. The sharpest change came in the year to June 2023, when income rose by 115%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thomas Cario Middle School Band Boosters Club sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 60th percentile within SC. Charities of a similar size with the same main cause include Joseph Sears School Parents Volunteer Association ($205k), Hung Tao Choy Mei Leadership Institute ($205k) and Braveheart Academy Inc ($205k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Other salaries and wages came to $17k. At year end it held assets of $146k against liabilities of $786, net assets of $145k.