Lincoln County Band Boosters

Analysis

Lincoln County Band Boosters is a registered charity in United States, based in Fayetteville, TN. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Lincoln County Band Boosters reported income of $53k and spending of $34k, leaving 37% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $63k to $53k (-15%), an average of -15% a year. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lincoln County Band Boosters sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within TN. Charities of a similar size with the same main cause include Lawrence E and Nancy S Glick Foundation ($53k), Butterfield Community Fund ($53k) and Sertoma Inc ($53k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 12% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.