Folsom Band Boosters

Analysis

Folsom Band Boosters is a registered charity in United States, based in Folsom, CA. It received its IRS tax-exemption ruling in October 1992, 34 years ago. 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 May 2023, Folsom Band Boosters reported income of $333k and spending of $337k, spending 101% of its income. Across the 4 years on record, from May 2019 to May 2023, income fell from $378k to $333k (-12%), an average of -4.1% a year. The sharpest change came in the year to May 2023, when income rose by 45%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Folsom Band Boosters sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Missoula Institute for Sustainabletransportation ($333k), Borrego Springs Youth & Senior Center Inc ($333k) and Kim Robards Dance Inc ($333k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $14k against liabilities of $11k, net assets of $3,155.