South Forsyth Band Boosters Inc

Analysis

South Forsyth Band Boosters Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in December 1999, 27 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, South Forsyth Band Boosters Inc reported income of $211k and spending of $194k, spending 92% of its income. Across the 3 years on record, from May 2019 to May 2023, income grew from $190k to $211k (+11%), an average of +5.3% a year. The sharpest change came in the year to May 2022, when income rose by 18%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Forsyth Band Boosters Inc 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 55th percentile, and in the 59th percentile within GA. Charities of a similar size with the same main cause include Western States School of Banking Foundation ($211k), Mesquite Christian Academy Inc ($211k) and Military Cyber Professionals Association Incorporated ($211k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 52% and program service revenue 7.4% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.