South Laurel Band Supportors Inc

Analysis

South Laurel Band Supportors Inc is a registered charity in United States, based in London, KY. It received its IRS tax-exemption ruling in September 2002, 24 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 December 2023, South Laurel Band Supportors Inc reported income of $92k and spending of $82k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $107k to $92k (-14%), an average of -14% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Laurel Band Supportors Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within KY. Charities of a similar size with the same main cause include Friends of Shrewsbury Crew Inc ($92k), DCHS Baseball Booster Club ($92k) and River View Music Boosters Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.