Triangle British Brass Band Ltd

Analysis

Triangle British Brass Band Ltd is a registered charity in United States, based in RTP, NC. It received its IRS tax-exemption ruling in May 1988, 38 years ago. 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, Triangle British Brass Band Ltd reported income of $95k and spending of $98k, spending 104% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $74k to $95k (+27%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Triangle British Brass Band Ltd sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Cohasset Appalachia Service Project Group Inc ($95k), Mobile Meals of the Grand Strand Inc ($95k) and Atlantic National Angus Foundation Inc ($95k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 48% of the total. At year end it held assets of $78k against liabilities of $427, net assets of $78k.