Oviedo High School Band Booster Association Inc

Analysis

Oviedo High School Band Booster Association Inc is a registered charity in United States, based in Oviedo, FL. It received its IRS tax-exemption ruling in November 1995, 31 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 June 2023, Oviedo High School Band Booster Association Inc reported income of $195k and spending of $214k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $226k to $195k (-14%), an average of -3.6% a year. The sharpest change came in the year to June 2022, when income rose by 130%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oviedo High School Band Booster Association Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Creative Arts Council of Wells County Inc ($195k), Reese S Purpose Inc ($195k) and Zachor for Holocaust Remembrance Foundation ($195k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $61k against liabilities of $23k, net assets of $38k.