Gibson County High School Band Boosters

Analysis

Gibson County High School Band Boosters is a registered charity in United States, based in Dyer, TN. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 May 2023, Gibson County High School Band Boosters reported income of $94k and spending of $97k, spending 104% of its income. Across the 3 years on record, from May 2020 to May 2023, income fell from $181k to $94k (-48%), an average of -28% a year. The sharpest change came in the year to May 2023, when income dropped by 47%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gibson County High School Band Boosters 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 35th percentile within TN. Charities of a similar size with the same main cause include Intercity Fellowship Hall ($94k), Boiling Springs Band Boosters ($94k) and Care Diversified of Lake County Inc ($94k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 2.3% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.