Mel-Hi Band Parents Association Inc

Analysis

Mel-Hi Band Parents Association Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in February 1985, 41 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2024, Mel-Hi Band Parents Association Inc reported income of $100k and spending of $90k, spending 90% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $138k to $100k (-27%), an average of -27% a year. The sharpest change came in the year to May 2024, when income dropped by 27%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mel-Hi Band Parents Association Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Swiss Pioneer Preservation Associates Inc ($100k), Institute for Holocaust Research and Education ($100k) and Festa Italiana ($100k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 6.3% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.