Boyle County Band Association Inc

Analysis

Boyle County Band Association Inc is a registered charity in United States, based in Danville, KY. It received its IRS tax-exemption ruling in March 2008, 18 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 June 2023, Boyle County Band Association Inc reported income of $50k and spending of $66k, spending 132% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $77k to $50k (-35%), an average of -35% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Boyle County Band Association Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within KY. Charities of a similar size with the same main cause include John Marshall High School Foundation Inc ($50k), Global Family for Love and Peace Incorporated ($50k) and Oink Inc the New Generation ($50k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 44% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.