Virgil I Grissom High School Band Parents Inc

Analysis

Virgil I Grissom High School Band Parents Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in May 1984, 42 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 May 2023, Virgil I Grissom High School Band Parents Inc reported income of $167k and spending of $166k, spending 100% of its income. Across the 4 years on record, from May 2019 to May 2023, income grew from $150k to $167k (+12%), an average of +3.7% a year. The sharpest change came in the year to May 2023, when income rose by 75%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Virgil I Grissom High School Band Parents Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within AL. Charities of a similar size with the same main cause include Somers High School Sports Booster Club Inc ($167k), Malcolm X Memorial Foundation ($167k) and Womans Educational Aid Association ($167k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 9.0% and program service revenue 81% of the total. At year end it held assets of $129k against liabilities of $0, net assets of $129k.