Paul Laurence Dunbar Band Parents Association Inc

Analysis

Paul Laurence Dunbar Band Parents Association Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in August 1993, 33 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 May 2024, Paul Laurence Dunbar Band Parents Association Inc reported income of $169k and spending of $181k, spending 107% of what it took in. Across the 4 years on record, from May 2020 to May 2024, income grew from $155k to $169k (+8.8%), an average of +2.9% a year. The sharpest change came in the year to May 2024, when income rose by 68%. Over the whole period it spent 132% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Paul Laurence Dunbar Band Parents Association Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within KY. Charities of a similar size with the same main cause include Lake Norman Charter Athletic Booster Club ($169k), Project Esperanza Inc ($169k) and Kentuckianaworks Foundation Inc ($169k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 29% and program service revenue 48% of the total. At year end it held assets of $129k against liabilities of $5,563, net assets of $124k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.