Ooltewah High School Band Boosters Inc

Analysis

Ooltewah High School Band Boosters Inc is a registered charity in United States, based in Ooltewah, TN. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Ooltewah High School Band Boosters Inc reported income of $67k and spending of $52k, leaving 21% of income unspent that year. Across the 3 years on record, from May 2019 to May 2023, income fell from $132k to $67k (-50%), an average of -29% a year. The sharpest change came in the year to May 2022, when income dropped by 59%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ooltewah High School Band Boosters Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within TN. Charities of a similar size with the same main cause include North Trail Elementary School Parent Teacher Partnership ($67k), Wildcat Mountain Alpine Education Foundation ($67k) and The Oakland High School Band Boosters Club ($67k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.