North Cobb Band Boosters Inc

Analysis

North Cobb Band Boosters Inc is a registered charity in United States, based in Acworth, GA. It received its IRS tax-exemption ruling in April 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 2023, North Cobb Band Boosters Inc reported income of $168k and spending of $216k, spending 129% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $148k to $168k (+14%), an average of +4.4% a year. The sharpest change came in the year to May 2022, when income rose by 212%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Cobb Band Boosters Inc 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 53rd percentile within GA. Charities of a similar size with the same main cause include Centennial Education Foundation ($168k), Rottschafers Day Care Inc ($168k) and Lewiston Council on the Arts Inc ($168k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $27k against liabilities of $2,637, net assets of $24k.