Halls Band Boosters Inc

Analysis

Halls Band Boosters Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in February 2005, 21 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 2024, Halls Band Boosters Inc reported income of $92k and spending of $95k, spending 104% of its income. Across the 4 years on record, from May 2021 to May 2024, income grew from $39k to $92k (+133%), an average of +32% a year. The sharpest change came in the year to May 2022, when income rose by 132%. 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, Halls Band Boosters Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within TN. Charities of a similar size with the same main cause include Wayside Schools Foundation ($92k), Hudson Pep Elementary PTO ($92k) and Valley Tiger Booster Club Inc ($92k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 1.0% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.