Westerville Central Music Boosters Inc
Analysis
Westerville Central Music Boosters Inc is a registered charity in United States, based in Westerville, OH. It received its IRS tax-exemption ruling in March 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 March 2024, Westerville Central Music Boosters Inc reported income of $59k and spending of $56k, spending 95% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $58k to $59k (+1.5%), an average of +1.5% a year. 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, Westerville Central Music Boosters Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within OH. Charities of a similar size with the same main cause include Freedom and Recovery Services ($59k), Fashion Group Foundation of Dallas Inc ($59k) and Excel Empowerment Zone Inc ($59k).
On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 4.8% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.
Income and spending
Where the income comes from
- Contributions & grants 4.8%
- Other 95%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Freedom and Recovery Services | Minneapolis | $59k |
| Fashion Group Foundation of Dallas Inc | Dallas | $59k |
| Excel Empowerment Zone Inc | Miami Gardens | $59k |
| Indiana Association for the Gifted | New Palestine | $59k |