Buchholz Band Boosters Inc

Analysis

Buchholz Band Boosters Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in July 2000, 26 years ago. 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, Buchholz Band Boosters Inc reported income of $138k and spending of $127k, spending 92% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $150k to $138k (-7.8%), an average of -7.8% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Buchholz Band Boosters Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Foundation for Modern Music Inc ($138k), Santas Elves Inc ($138k) and PTA New Jersey Congress of Parents & Teachers ($138k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 0.4% and program service revenue 56% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.