Lakewood Ranch Band Boosters Association

Analysis

Lakewood Ranch Band Boosters Association is a registered charity in United States, based in Lakewood RCH, FL. It received its IRS tax-exemption ruling in June 2002, 24 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 March 2024, Lakewood Ranch Band Boosters Association reported income of $163k and spending of $162k, spending 99% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $147k to $163k (+11%), an average of +2.6% a year. The sharpest change came in the year to March 2022, when income rose by 111%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakewood Ranch Band Boosters Association sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Christian Vision Inc ($163k), Doxa Christian Academy Inc ($163k) and Beaver County Educational Foundation ($163k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 57% and program service revenue 20% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.