Barracuda Band Parents Association Inc

Analysis

Barracuda Band Parents Association Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 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 (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 2024, Barracuda Band Parents Association Inc reported income of $57k and spending of $64k, spending 112% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $72k to $57k (-21%), an average of -21% a year. The sharpest change came in the year to May 2024, when income dropped by 21%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Barracuda Band Parents Association Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include PTA Florida Congress ($57k), Ault Elementary Parent-Teacher Organization ($57k) and Foundation for the West York Area School District Inc ($57k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 47% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.