THS Tiger Band Booster Club

Analysis

THS Tiger Band Booster Club is a registered charity in United States, based in Richmond, TX. It received its IRS tax-exemption ruling in April 2006, 20 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 2023, THS Tiger Band Booster Club reported income of $172k and spending of $223k, spending 130% of what it took in. Across the 2 years on record, from May 2022 to May 2023, income fell from $205k to $172k (-16%), an average of -16% a year. The sharpest change came in the year to May 2023, when income dropped by 16%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, THS Tiger Band Booster Club sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Wilson County Business and Educational Coalition Inc ($172k), Edu Prize Parent Teacher Organization ($172k) and Greater Lincoln Christian Academy ($172k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 18% and program service revenue 46% of the total. At year end it held assets of $28k against liabilities of $957, net assets of $27k.