Athens Drive Band Booster Club

Analysis

Athens Drive Band Booster Club is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in August 2017, 9 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 June 2022, Athens Drive Band Booster Club reported income of $250k and spending of $230k, spending 92% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $311k to $250k (-20%), an average of -7.1% a year. The sharpest change came in the year to June 2022, when income rose by 245%. 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, Athens Drive Band Booster Club sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include Parent Booster USA Inc ($250k), Edward S Marcus High School ($250k) and Children of Fallen Soldiers Relieffund Inc ($250k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 1.6% and program service revenue 41% of the total. At year end it held assets of $227k against liabilities of $87, net assets of $227k.