Lassiter High School Orchestra Association Inc

Analysis

Lassiter High School Orchestra Association Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Lassiter High School Orchestra Association Inc reported income of $84k and spending of $84k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $61k to $84k (+38%), an average of +38% a year. The sharpest change came in the year to June 2024, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lassiter High School Orchestra Association Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within GA. Charities of a similar size with the same main cause include Wheaton College Football Booster Club ($84k), Intervalien Foundation ($84k) and We Stand Together Inc ($84k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 66% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.