Tates Creek Band Boosters Inc

Analysis

Tates Creek Band Boosters Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in April 1966, 60 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 March 2024, Tates Creek Band Boosters Inc reported income of $93k and spending of $118k, spending 126% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $120k to $93k (-22%), an average of -6.1% a year. The sharpest change came in the year to March 2022, when income rose by 292%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tates Creek Band Boosters Inc sits at the 35th percentile: it is larger than about 35% 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 2b Kind Corporation ($93k), Central Radiopharmaceutical Service Inc ($93k) and PTA Texas Congress ($93k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 19% and program service revenue 44% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.